What Is Included in Payroll Taxes?

Payroll taxes are a form of taxes that must either be paid by employers or employees each pay period. The amount of payroll taxes that are deducted depends on the wage of an employee. The higher the wage then the more taxes will be deducted, and the lower the wage, the less it will be Read more about What Is Included in Payroll Taxes?[…]

Why We Have Payroll Tax Deductions

By law, payroll taxes must be withheld from an employee’s paycheck. There are two types of taxes that can be described by the term payroll tax. The statutory and the voluntary. They are both rendered for payroll tax deductions. With statutory payroll tax deductions, amounts are withheld from an employee’s paycheck by their employer. They Read more about Why We Have Payroll Tax Deductions[…]

The Payroll Tax Service for Your Tax Obligations

What are Payroll Taxes? The payroll tax is a tax that employers withhold and pay from their employees’ compensation. It depends on an employee’s wage or salary. Generally, payroll taxes consist of deductions from an employee’s wage and a percentage of their salary, which is calculated according to the law. Payroll is not just about Read more about The Payroll Tax Service for Your Tax Obligations[…]

How to Effectively Manage Your Payroll

Payroll may seem like a burden, but it’s a necessary burden all businesses need to implement into their business’s structure. Without proper management to manage your payroll process, you’ll find yourself as a business owner, jumping from multiple loops, doing flips and turns trying to correct your business’s payroll mistake. Believe me, messing up with Read more about How to Effectively Manage Your Payroll[…]

How to Calculate Your Federal Unemployment Tax (FUTA)

When people lose their jobs, the Government of the United States tries to help out those who have lost their jobs and are unemployed. FUTA (The Federal Unemployment Tax Act) was created as a precaution to help those unemployed workers to have some sort of financial relief from their burdens. FUTA and the state unemployment Read more about How to Calculate Your Federal Unemployment Tax (FUTA)[…]

Advantages of using a Professional Payroll Service

Ever wondered what were the benefits of using a professional payroll service? Or wondered why you would need a professional payroll service to help you with your in-house tax functions and payroll? why you should hire a payroll service? Here is a list of reasons why you should hire a payroll service to help you Read more about Advantages of using a Professional Payroll Service[…]

Upcoming tax preparation checklist for individuals

The tax season can be a stressful time for anybody, especially if they are unorganized. There are so many papers, documents, pay stubs, and receipts to keep track of it can be difficult to locate everything a person or a business needs for tax preparation. Even in the age of electronics where this information is much easier Read more about Upcoming tax preparation checklist for individuals[…]