It Is Always a Good Time to Check Withholding
Are you having the right amount of taxes withheld from your paycheck? You should check at least once a year, or even more frequently if you’ve had a major life …
How to Handle Payroll Across State Lines
Normally, payroll and taxes shouldn’t be a problem when you own a small business. However, if you have employees who either live in one state and work in another, or …
Payroll Tax Rates and Contribution Limits for 2022
Below are federal payroll tax rates and benefits contribution limits for 2022. Social Security Tax In 2022, the Social Security tax rate is 6.2% for employers and employees, unchanged from 2021. The …
Can You Be Exempt and Non-Exempt at the Same Time?
You can allow an employee to work two different jobs for your company. However, under the FLSA, you cannot classify an employee as both exempt and nonexempt — it must …
Are Your Employees Really Employees?
Do you have employees or independent contractors? It’s not always an easy question to answer, but the IRS insists you get it right because there’s a huge difference in how …
New Employee Withholding Certificate Policy
Most states have a state income tax in addition to the federal income tax, and in some cases, certain localities have their own income taxes on top of those. Now …