In 2026, high-income earners will face increased Social Security taxes due to an anticipated rise in the wage cap. This adjustment ensures the program's sustainability, impacting those with earnings ...
When employers pay their employees, they must remit payment for federal, state and, in some cases, local programs. Employees also pay a portion of the tax bill, but self-employed individuals must ...
With a payroll deduction plan, employers withhold money from an employee's paycheck, most commonly for employee benefits and taxes. It can be voluntary or involuntary.
Clear Start Tax noted that companies often misclassify workers to avoid paying payroll taxes, unemployment insurance, and ...
The rise of remote and hybrid work is no longer a temporary response to disruption. Even as “work from home” becomes a less prevalent reality, businesses of all sizes embrace the opportunity to ...
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CA could face 3.7% payroll tax hike due to new audit findings
California is scrambling to avoid an automatic 3.7% payroll tax increase to cover its projected $23.2 billion debt to the ...
Employers routinely withhold income and employment taxes from their employees' pay and then deposit the withheld taxes on behalf of their employees. If they fail to do so, a "responsible person" at ...
The Salem Area Mass Transit District, which operates Cherriots, is considering a 0.7% payroll tax on employers to improve ...
California is scrambling to avoid an automatic 3.7% payroll tax increase to cover its projected $23.2 billion debt to the ...
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