Confused about how Social Security taxes are calculated and where the money goes? Here are seven key facts about the payroll ...

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 ...

Six-Figure Salary, Different Realities Earning $100,000 is a milestone, but take-home pay varies widely depending on state ...

The Social Security retirement and Medicare Hospital Insurance (HI) trust funds are approaching insolvency, with both trust ...

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 ...

New employees must complete both Form W-4 (Employee’s Withholding Allowance Certificate) and Form VA-4 (Employee’s Virginia Income Tax Withholding Exemption Certificate) online in Workday. If no form ...

A recent 9th Circuit Court of Appeals decision emphasizes again the potential exposure “responsible persons” have to personal liability for payroll taxes under the Trust Fund Recovery Penalty (TFRP) ...

The MTA’s money train will drive companies straight outta town. Big Apple businesses are fuming over Gov. Kathy Hochul’s plot to hike their payroll taxes to pay for the Metropolitan Transportation ...