When employers pay their employees, they must remit payment for federal, state and, in some cases, local programs. Employees also pay a portion of the tax bill, but self-employed individuals must ...
The Internal Revenue Code (the "Code") provides the Secretary of the Treasury with the authority to delay tax deadlines in times of national emergency. On August 8, 2020, President Trump issued an ...
Payroll taxes are deducted from an employee’s paycheck specifically for Social Security, Medicare, and unemployment. Confusion about FICA vs FUTA arises because both are similarly named types of ...
Successful businesses must stay on top of their accounting. Learn how to use payroll journal entries to track wages and other ...
If you personally employ a nanny, housekeeper, gardener or maid, you may have to pay payroll taxes. Learn when you should pay, what you should withhold and what forms you need to use. Properly ...
The provisions on tip and overtime compensation were enacted as part of H.R. 1, P.L. 119-21, commonly known as the One Big ...