article thumbnail

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.

article thumbnail

The Benefits of Delayed Business Filings

CPA Practice

Some states don’t allow forward dating incorporation dates, including: Alaska Arkansas Connecticut Hawaii Idaho Louisiana Maryland Minnesota Nevada Delayed filings also help businesses overcome end-of-year backlogs in Secretary of State offices that often lead to standard filings not being cleared by the end of the year.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Last Week in Payroll: Keeping Up with Taxes

ThomsonReuters

Recent Arkansas legislation says that benefits will not be charged against the unemployment tax account of an employer starting with the week ending April 4, 2020 if the benefits paid are a direct result of the Arkansas Governor declaring a disaster emergency or a disaster resulting in a state or federal disaster declaration.

payroll 52
article thumbnail

Conservatives’ Budget Plan Renews Battle Over Social Security Benefits, Tax Cuts

CPA Practice

Biden and congressional Democrats thus far have focused their efforts to reduce those two programs’ budget shortfalls by reining in Medicare prescription drug costs, and by raising Medicare and Social Security payroll taxes on high-income earners. French Hill, who sits on the House Financial Services Committee.

Tax 97