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 ...
If you personally employ a nanny, housekeeper, gardener or maid, you may have to pay payroll taxes. Learn when you should pay, what you should withhold and what forms you need to use. Properly ...
Discover the role and tax requirements of household employees, such as nannies and housekeepers, and learn how they differ from independent contractors.
Paying employees involves more than making sure they are compensated accurately and on time. Employers are also responsible for calculating, deducting, setting aside and paying the various types of ...
Tax professionals say changing payroll services may stop future mistakes, but it does not erase unpaid taxes or filing errors already on record with the IRS.
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 ...
While it’s true that payroll has its complexities, mastering the fundamentals of processing payroll can be valuable, especially if you’re a small business with a minimal team. By understanding each ...
If you recently hired a nanny, gardener, or private in-home nurse, the federal government considers you a household employer. Like any other type of employer, household employers must withhold payroll ...
The White House is discussing giving employers a break on the taxes they pay on wages as the economic recovery slows, Bloomberg's Mike Dorning and Hans Nichols report. "The idea, which is in ...