So, how is payroll tax calculated? Well, it depends on the tax, which makes it extra tricky for employers who run payroll manually. Here’s the good news: You don’t have to do payroll manually.
President Trump signed an Executive Order deferring payroll tax in the wake of the COVID-19 pandemic and it impacted the take-home pay of certain individuals.
One of those executive measures, called the "Memorandum on Deferring Payroll Tax Obligations in Light of the Ongoing COVID-19 Disaster," includes a directive to suspend certain payroll taxes for ...
Enough with politics. It’s time to get back to solving problems. Not surprisingly — given my slant on the world — the problem I care most about is fixing Social Security. In an attempt to ...
From 2010 through 2012, the federal government, under the Obama administration implemented what it called a “payroll tax cut,” reduction of federal taxes taken out of every worker’s paycheck.
President Donald Trump has pledged to end taxes on overtime pay, as well as other things like tips and Social Security.
Now, a first-of-its-kind state payroll tax aims to assist eligible families with a significant challenge — long-term care costs — through a Washington Cares program. Research has shown that ...
Plus, Gusto automatically files federal, state and local taxes so you don’t have to stress about missing a form or calculation come tax time. Wave is an invoicing, accounting and payroll ...