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

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 ...

The Social Security maximum taxable earnings will be $184,500 in 2026, up from $176,100 in 2025. That number, also called the ...

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 ...

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.

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 ...