Social Security tax must be deducted from each employee's paycheck until he reaches the maximum contribution amount for the year. Employers must also pay an additional amount of Social Security tax on ...

Of your many responsibilities as a small business owner, ensuring that your employees’ pay is calculated accurately ranks near the top of the list. That includes withholding the correct amounts for ...

As an employer, you're responsible for calculating federal income tax on your employees' gross pay and withholding these amounts from their paychecks. You're also in charge of depositing and keeping ...

Of your many responsibilities as a small business owner, ensuring that your employees’ pay is calculated accurately ranks near the top of the list. That includes withholding the correct amounts for ...

Calculating gross wages is the first step to paying employees correctly and keeping accurate payroll records. Learn about the process with this guide. Gross wages sounds like a simple concept. It’s ...

Tax season is nearly upon us. For some, it may be your first time filing taxes. And even for those who have filed for years, taxes are not always the easiest task to tackle. Here's what you should ...