Reviewed by Ebony Howard Fact checked by Suzanne Kvilhaug Independent contractors are considered self-employed even if they ...

and payroll tax. The proposal, spearheaded by Rep. Earl L. “Buddy” Carter (R-GA), would dismantle the current federal tax code and replace it with a single national sales tax. That ...

One of the most common questions small business owners ask is, “Should I put myself on the payroll?” Unfortunately, like with most tax-related questions, the answer isn’t always straightforward.

There’s another new tax in the state of Washington. The state’s Supreme Court recently upheld a controversial capital gains tax, which has been re-challenged in court and could be on the state ...

If no form or systems update is received, Payroll, following IRS guidelines, must withhold taxes at the default rate of single with zero exemptions ... The Payroll Department does not handle Form 1099 ...

In other words, it is not deducted from a worker's wages. As such, FUTA differs from other payroll taxes such ... The IRS permits any single quarterly tax liability of less than $500 to be rolled ...