Payroll taxes are taxes that are often calculated and remitted based on a percentage of an employee's wages, but they can also include fixed charges. Payroll taxes consist of two types of taxes ...

When running a business, one of the top priorities is remaining compliant with state and federal laws and regulations — ...

Due to the Tax Cuts and Jobs Act, the Internal Revenue Service (IRS) has released a new federal Form W-4 Employee’s Withholding Certificate for tax year 2020. The new Form W-4 is significantly ...

Payroll taxes are taxes that are often calculated and remitted based on a percentage of an employee's wages, but they can also include fixed charges. Payroll taxes consist of two types of taxes ...

This terminology can be confusing for first-time employers who are acclimating to their payroll-related tax responsibilities. Keep reading to learn more about these two crucial types of payroll taxes ...

Amy Fontinelle has more than 15 years of experience covering personal finance, corporate finance and investing. Robert Kelly is managing director of XTS Energy LLC, and has more than three decades ...

Each year, employees receive a Form W-2 that provides details of the prior year’s earnings, taxes withheld, and other miscellaneous data (such as the taxable cost of group term life insurance, the ...

Understanding payroll deductions is an essential part of a business’ payroll process. This guide breaks down what business owners need to know.

Changes often result in lower tax withholding and taxes unexpectedly owed at the end of the year ... therefore you will need to update the business office. Payroll does not process expense ...