If you’re wondering why your paycheck is smaller than your salary suggests it should be, the answer may be payroll taxes. Businesses collect these taxes regularly and pay them on behalf of their ...

Employers and employees each pay 6.2% in Social Security payroll taxes. Self-employed people are required to pay the full 12.4% Social Security payroll tax. Those exempted from paying Social Security ...

The provisions on tip and overtime compensation were enacted as part of H.R. 1, P.L. 119-21, commonly known as the One Big ...

Payroll audits can be beneficial to your business. Learn how to conduct one with this step-by-step guide and get software ...

Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 ...

Have you ever looked at your paycheck and wondered where all your hard-earned money goes? If you are like most people, you’ve seen that your take-home pay is often significantly less than what you ...

Businesses with employees in more than one state not only have their company’s home state’s payroll-related rules and taxes ...

WASHINGTON (AP) — The Trump administration on Friday allowed employers to suspend the collection of some Social Security taxes, although business groups dislike the idea and it may create political ...

Labor is one of the biggest expenses for many businesses. In addition to your employees' wages, there are taxes, benefits and other costs, so it can be a lot to manage. However, using a payroll ...