Social Security Is in Serious Financial Trouble. This Plan Could Save It $730 Billion
That was before President Joe Biden signed the Social Security Fairness Act, which increases benefits for 3.2 million ...
Form 941: Employer's Quarterly Federal Tax Return
Form 941 is used to report income taxes, payroll taxes, Social Security, and Medicare taxes withheld from employee wages. Most employers who pay wages file Form 941.
Washington’s proposed statewide payroll tax sparks backlash from tech industry and local leaders
Critics of a proposed statewide payroll tax in Washington — including CEOs, startup founders, and venture capitalists — warn ...
How to Help Clients Prepare for April’s Employer NI Increase
As UK’s April’s employer National Insurance (NI) hike approaches, accountants are in a unique position to help small and ...
The Malta Independent8d
Payroll & Tax Compliance for Remote Teams: What Companies Need to Know
Remote work has opened up a world of possibilities for both businesses and workers. In 2023, over 70% of workers worldwide ...
Illinois Forbids Employer Retaliation in Meal and Rest Break Law
Illinois employers may not retaliate, discharge, or otherwise discriminate against employees for exercising their rights under the state’s One Day Rest Rest in Seven Act, under a law that went into ...
Microsoft president voices concern over WA tax proposal, warning of 'lasting damage'
I have, frankly, never been more worried about the future of the tech sector in Washington state as I am today, in part ...
JD Supra2d
No Tax on Tips! What President Trump’s Promise May Mean for Your Business
If you’re a political nerd like me, you may have observed then-candidate and now President Donald J. Trump’s pledge to eliminate taxes on tips.
valuepenguin8d
What Is Medicare Tax? Definitions, Rates and Calculations
Medicare tax is taken out of your paycheck to pay for Medicare Part A, which provides hospital insurance to seniors and people with disabilities. The total Medicare tax amount is split between ...