Small Business Tax Resources
No matter what business you're in, one thing is certain: The tax man must be paid. And while tackling your small business taxes on your own may seem a daunting task, at Bank of America, our online small business tax tools can help lift your burden by ensuring that you're taking out the right amount of state and federal payroll taxes for your employees.
With Easy Online Payroll™ Basic Service, you'll find small business payroll tax help with instant calculations of federal, state, local, and voluntary withholdings that are guaranteed to be 100 percent accurate1. With the Basic Service you'll also get:
- Electronic, 1-click federal tax filing and payments
- Email reminders for federal tax deposit and filing deadlines
- Processing and electronic filing of W-2, 940, 941, and 944 forms
- 2 printable, signature-ready copies of W-2, 940, 941, and 944 forms
For additional small business tax help, our Easy Online Payroll™ Plus Service provides the same benefits, as well as electronic, 1-click state tax payments; email reminders for state tax deposit and filing deadlines; electronic state tax filing in most states; and printable, signature-ready state tax, new hire, and employer registration forms.
For business owners who would prefer to outsource their small business tax needs, Bank of America also provides an outsourcing service through our partnership with ADP.
Note: Always consult a tax professional for small business tax deduction information prior to filing your state, federal and local taxes.
*We guarantee the accuracy of payroll tax calculations for each pay stub and tax filing we prepare for you (subject to the terms and conditions in the Customer Service Agreement). Bank of America will pay all government penalties and interest assessed against you due solely to calculation errors made by us.
