The Payroll Blog

News, tips, and advice for small business owners

spotlight on small business taxes

What to Expect in 2019

Posted On
Caitlin Carragee

As a small business owner, processing payroll is just one item on your to-do list, but ever-changing regulations and tax code updates can make it the most time-consuming task in a given week. These tax updates occur at the federal, state, and local levels, and depending on where your business is based and where your employees live, some small businesses have it tougher than others. We’ve started this monthly series to focus on state-specific tax considerations, to help you keep up with what’s changing around you.

Our monthly Spotlight on Small Business Taxes series typically focuses on important state-level taxes that you as a small business owner should be aware of.

We’ve previously covered Washington, New York, Pennsylvania, Oregon, Florida, Texas, and California.

For this month, we are highlighting a few resources to be aware of as you move into 2019.

State Taxes

Each month, we focus on small business-related taxes for a specific state. Be sure to visit our blog the last Wednesday of the month for a new state spotlight—we’ll be back to our regularly scheduled programming on January 30th with an update on Michigan.

You can also visit our state payroll tax resource pages for details around state tax rates and agency resources.

Pro tip: State agencies may send out rate notices throughout the year, but many send rate updates at the start of a new calendar year. These changes will affect your payroll, so it’s important to share with your payroll provider if you have one. One thing to keep in mind is that some state agencies no longer send updates via mail. If this applies to your state, be sure to log in to your state tax agency or contact the agency with any questions. 

Federal Tax Updates

April 15th will be here before you know it. Next month, we’ll feature advice from an accountant to help you get organized and prepared well in advance of the filing deadline. In the meantime, we have rounded up federal-level tax updates that will impact your 2019 payroll:

In Tax Changes to Expect in 2019 Part 1, you’ll find projected numbers for tax brackets, capital gains, and alternative minimum tax exemptions.

In Tax Changes to Expect in 2019 Part 2, we break down changes to withholding and deductions stemming from the Tax Cuts and Jobs Act signed into law last year.

We’ve also updated our post on how much federal tax is taken out of your paycheck, to help you and your employees understand what to expect when it comes to how federal taxes impact take home pay.

Bottom Line

Federal and state taxes are hard to keep up with for personal tax filings alone, and only become more complicated to manage when your job involves running a business and paying employees accurately.

If you’re considering outsourcing payroll to help cut down on administrative tasks and mitigate tax risk, here are some things to consider in selecting a provider:

We’ll be back January 30th with a spotlight on taxes in Michigan.

This website contains articles posted for informational and educational value. SurePayroll is not responsible for information contained within any of these materials. Any opinions expressed within materials are not necessarily the opinion of, or supported by, SurePayroll. The information in these materials should not be considered legal or accounting advice, and it should not substitute for legal, accounting, and other professional advice where the facts and circumstances warrant. If you require legal or accounting advice or need other professional assistance, you should always consult your licensed attorney, accountant or other tax professional to discuss your particular facts, circumstances and business needs.