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

The Treasury Department and Internal Revenue Service are issuing rules that provide hundreds of billions of dollars in tax relief to big companies and the ultrarich.

The government shutdown has cut off funds for some school systems that rely on federal money for the bulk of their budgets ...

Payroll processing requires an EIN, pay schedule, gross pay calculation, deduction management, and tax withholding. Follow these steps to run payroll.

The Federal Reserve cut its benchmark interest rate by a quarter percentage point Wednesday, as policymakers work to shore up the softening job market. It was the Fed's second rate cut in six weeks, ...

Trump’s One Big Beautiful Bill Act (OBBBA) specifically favors seniors, employees who earn tips and overtime and those with children. Here’s an example: Casey and Riley earn a combined income of ...

Campbell County, Kentucky, released the 2026 payroll withholding tax rates for county localities on its website. Tax rates remain unchanged in 2026 for Campbell County, Fort Thomas, Alexandria, Cold ...

California voters could decide next year whether to impose a one-time tax on billionaires to backfill federal funding cuts to health care SACRAMENTO, Calif. -- SACRAMENTO, Calif. (AP) — A major union ...

Borrowers who recently became eligible for student loan forgiveness will not have to pay taxes on discharged loans, the Trump administration has confirmed. The Department of Education said last week ...