Remove blog what-is-state-disability-insurance
article thumbnail

Top 20 Searches of 2021 on Payroll on Checkpoint

ThomsonReuters

The top payroll related searches for 2021. Payroll practitioners and employers alike continue to be challenged by the unique issues that COVID-19 has imposed on payroll administration. Payroll on Checkpoint has analyzed the searches of our subscribers to create this Top 20 list of topics in the forefront in 2021.

payroll 94
article thumbnail

Payroll Taxes for an Employer: How Is Payroll Tax Calculated?

Snyder

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. So how is payroll tax calculated? What has to be included?

Insiders

Sign Up for our Newsletter

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

article thumbnail

The Certified Payroll Professional Corner: Involuntary Deductions

ThomsonReuters

In a previous edition of the Certified Payroll Professional (CPP) Corner, we talked about gross ups. In Payroll Guide ¶4115 , we discuss the IRS’s formula for completing a gross up. Employers must withhold and pay certain taxes (federal income tax, FICA, state, local) from an employee’s paycheck. Gross ups.

payroll 83
article thumbnail

“Future of Payroll Survey” Says No Time Like the Present to Look Ahead for Keeping Up With Industry Trend

ThomsonReuters

Director of Product Management at Ceridian, about her company’s global survey collaboration with national and global payroll associations that aims to chart what’s ahead for payroll professionals. . in partnership with the American Payroll Association (APA) and the Global Payroll Management Institute (GPMI).

payroll 52
article thumbnail

Taxes on retirement income: Help for accountants advising clients

ThomsonReuters

• Retirement tax breaks • Tax planning for retirement • Tax qualified retirement plans • Supporting your clients in retirement 10 tax-efficient retirement strategies As older adults approach retirement, a common question is often whether or not they have to pay taxes on their retirement income. Delay Social Security. Don’t forget about healthcare.

Tax 52
article thumbnail

“Future of Payroll Survey” Says No Time Like the Present to Look Ahead for Keeping Up With Industry Trends

ThomsonReuters

Director of Product Management at Ceridian, about her company’s global survey collaboration with national and global payroll associations that aims to chart what’s ahead for payroll professionals. . in partnership with the American Payroll Association (APA) and the Global Payroll Management Institute (GPMI).

payroll 40
article thumbnail

Legal Expert Discusses Large Social Security Wage Base Increase and Looking Ahead to 2023

ThomsonReuters

more in payroll taxes in 2023. What is Social Security tax? . Social Security (Old-Age and Survivors Insurance and Disability Insurance) is financed through a payroll tax where employers and employees each pay 6.2% Payroll is expensive for a business. . Not much buzz about the increase. .

Legal 59