When my father started our CPA firm in 1971, he built it on relationships and a simple belief: Small businesses are the ...
FICA dates back to 1935, the same year the U.S. established the Social Security program. In 1965, FICA was expanded to ...
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IRS Delays Tax Withholding Updates

The IRS has announced a delay in implementing updated tax withholding tables until the fiscal year 2026. This decision aims to prevent disruptions for employers, payroll processors, and taxpayers who ...
The rule has limitations, and the IRS has yet to provide clear guidance on how companies should report qualified overtime ...
Payroll and HR go beyond just issuing paychecks. As an employer, you need to track hours, calculate deductions, file taxes, ...
The One Big Beautiful Bill (OBBB), enacted July 4, 2025, introduces a highly publicized provision exempting certain tips from federal income ...
The Social Security Administration has announced significant changes that impact millions of beneficiaries as well as high earners.