-
Wage Withholding: Mandatory and Voluntary Reasons
As an employer, you are required to withhold from an employee’s paycheck federal (and where applicable, state) income taxes, as well as the employee’s share ... -
Budgeting Now for 2020
Now that we’re in the fourth quarter of 2019, it’s time to craft your budget for the coming year. This is an annual chore that ... -
Hiring Your Child for the Summer
If you put your own child on the payroll full time for the summer or even part time throughout the school year, there are a ... -
Data Prep for Your W-2s and 1099s
The deadline for furnishing employees and independent contractors with their annual information returns and submit copies to the Social Security Administration (for W-2s) and IRS ... -
Boomers on the Payroll: What You Need to Know
According to the National Council on Aging, by 2019, 25% of the American workforce will be age 55 or older. Whether you have seniors on ... -
Update on Payroll -- After the American Taxpayer Relief Act
Now that Congress decided not to extend the payroll tax holiday that applied in 2011 and 2012, but did add a new tax bracket of ... -
What to Do about Payroll Withholding in January
If you do payroll in-house, expect to put in more time and money in 2013 to comply with your withholding obligations. Because Congress did not ... -
Your State’s Unemployment Rate Impacts Your Payroll Taxes
As an employer, you have to pay federal unemployment tax (FUTA) in addition to your state unemployment tax. The federal tax is figured on the ... -
Payroll Changes for COBRA
If you regularly employ at least 20 employees and offer health coverage, you are required to offer COBRA. This enables employees who leave the business ...
