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Payroll Tax:  a percentage withheld from an employee’s pay by an employer who pays it to the government on the employee’s behalf. Payroll Tax Explained Fun Fact: If a business has employees inContinue reading “Payroll Tax for Dummies”

Property Tax: is a tax paid on property owned by an individual or other legal entity, such as a corporation. Property Tax Explained Fun Fact: Taxes can run in the thousands forContinue reading “Property Tax for Dummies”

Sales Tax: a tax on sales or on the receipts from sales. Fun Fact: Did you know that New Jersey assesses a 6.625% Sales Tax on sales of most tangible personal property,Continue reading “Sales Tax for Dummies”