Special Report: 2025 Readers’ Choice Awards
CPA Practice
JUNE 30, 2025
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Payroll Taxes Demystified: A Breakdown for Accountants and CPAs Serving Business Owners
CPA Practice
APRIL 9, 2024
As accountants and CPAs, dealing with payroll taxes is essential to managing finances for your business clients. Understanding the details of payroll taxes helps you better assist your clients in fulfilling their obligations and maximizing tax efficiency. By Nellie Akalp. for both employees and employers.
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An Employer’s Guide to Multi-State Payroll Tax Withholding for Remote Workers
Anders CPA
MAY 23, 2023
Remote workers have become a staple of the workplace, but hiring out-of-state employees can lead to payroll tax complications. Multi-state payroll tax withholding done incorrectly can lead to penalties and interest for employers and create tax headaches for employees.
2023 in review: The year in sales tax
TaxConnex
JANUARY 4, 2024
National sales tax H.R.25 25 of the 118th Congress, the GOP’s “Fair Tax Act of 2023,” was this year’s attempt at finally creating a long-held dream of some: a national sales tax. The instantly embattled bill seeks a national sales tax on the use or consumption in the U.S.
Payroll Taxes for an Employer: How Is Payroll Tax Calculated?
Snyder
FEBRUARY 12, 2023
Payroll taxes can be daunting for employers to calculate and pay. With the numerous tax laws, regulations and compliance requirements, employers are required to be up-to-date on the latest regulations to ensure they’re making accurate and timely payroll tax payments. It is not intended to provide any tax advice.
Employer Payroll Tax Obligations When Employees Work Out-Of-State
Anders CPA
MAY 15, 2023
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.
How SUI and State Income Taxes Affect Small Businesses
CPA Practice
JULY 12, 2023
Finally, SUI tax rates tend to change from calendar year to calendar year and can rise or fall depending on the economy and the state’s unemployment fund status. Some states require employers to pay additional payroll taxes. In Kentucky, employers are required to withhold an Occupational Tax from employees’ wages.
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