FICA dates back to 1935, the same year the U.S. established the Social Security program. In 1965, FICA was expanded to ...
The Social Security maximum taxable earnings will be $184,500 in 2026, up from $176,100 in 2025. That number, also called the ...
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 ...
Payroll and HR go beyond just issuing paychecks. As an employer, you need to track hours, calculate deductions, file taxes, ...
Essential payroll documents like W-2s and time sheets ensure accurate employee payments. Learn what you need for compliance and efficiency. Learn how to calculate payroll taxes in these easy steps.
In the last six months we have seen a marked increase in the number of contractors who have required our assistance to resolve payroll tax issues with the IRS. All of these clients had one thing in ...
Mosey, the leading state compliance platform, today announced the release of its newest offering, Tax Account Management, a comprehensive solution that centralizes oversight of all 1,200+ state and ...
Peter Thomas, best known for his appearances on The Real Housewives of Atlanta, was sentenced on December 19, 2024, to 18 months in federal prison after pleading guilty to tax fraud. In addition to ...
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 ...