When my father started our CPA firm in 1971, he built it on relationships and a simple belief: Small businesses are the ...

The rule has limitations, and the IRS has yet to provide clear guidance on how companies should report qualified overtime compensation.

Payroll and HR go beyond just issuing paychecks. As an employer, you need to track hours, calculate deductions, file taxes, ...

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 ...

FICA dates back to 1935, the same year the U.S. established the Social Security program. In 1965, FICA was expanded to ...

The One Big Beautiful Bill (OBBB), enacted July 4, 2025, introduces a highly publicized provision exempting certain tips from federal income ...

For example: On $40,000 annual pay, payroll tax deduction would be about $3,060. On $60,000 pay, about $4,590. On $80,000 pay ...