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Employer Payroll Tax Obligations When Employees Work Out-Of-State

Anders CPA

This changing employment landscape requires employers to reassess their payroll tax withholding processes to ensure you are withholding the proper amount of state, local and unemployment taxes from your employees’ wages. Below we dive into the state and unemployment tax responsibilities employers need to know.

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Payroll trends to watch in 2022 (Part 2)

ThomsonReuters

Part 2 of this blogpost explains how prevalent payroll is in our daily lives with a focus on key issues in 2022, including unemployment, disaster relief, paid sick leave, and international. This comes to an additional $21 in FUTA tax per employee to the $7,000 annual taxable wage base. The guide also contains information on FUTA taxes.

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Last Week in Payroll: Federal Employment Taxes

ThomsonReuters

And in 2013, the Additional Medicare tax (0.9%) on wages in excess of $200,000 took effect. In general, the federal income tax, Social Security tax, FUTA tax, Medicare tax, and Additional Medicare tax are considered employment or payroll taxes. Payroll tax relief. Worksheet 5.

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The Benefits of Delayed Business Filings

CPA Practice

Timing is Everything In the complex world of small business finance and accounting, the strategic timing of business filings can be a game-changer. She is the CEO of CorpNet , the most innovative way to start a business, register for payroll taxes, and maintain business compliance across the United States.

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Federal Paid FMLA May Be Out While States Consider Possibilities

ThomsonReuters

California, Connecticut, the District of Columbia, Massachusetts, New Jersey, New York, Rhode Island, and Washington have Paid Family and Medical Leave Insurance (PFMLI) programs with employers and/or employees contributing to the fund. The program would be funded by 2% payroll tax, 1% paid by the employer, 1% paid by the employee ( L.

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Last Week in Payroll: The Ides of March

ThomsonReuters

Now, let’s take a look at this past week in payroll and go over a few of the more interesting stories buzzing about in the industry. The legislation comes with another stimulus payment and a number of other provisions that are payroll-related. The first quarter of 2021 is nearly finished. Federal News. On March 11, 2021, the U.S.

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