One of those executive measures, called the "Memorandum on Deferring Payroll Tax Obligations in Light of the Ongoing COVID-19 Disaster," includes a directive to suspend certain payroll taxes for ...

Payroll taxes are deducted from an employee’s paycheck specifically for Social Security, Medicare, and unemployment. Confusion about FICA vs FUTA arises because both are similarly named types of ...

Learn how to calculate payroll taxes in these easy steps. Follow our guide for accurate tax deductions, tips, and tools to simplify payroll processing. Calculating your employees’ gross pay is just ...

President Donald Trump’s new executive order, which suspends the employee portion of Social Security payroll taxes for the rest of the year, is legally dubious and unlikely to turn around the economy.

In early August, President Donald Trump issued four executive orders intended to mitigate the economic pain of the coronavirus pandemic. The orders addressed federal student loan payments, ...

The Trump administration has been lobbying for a payroll tax cut for several months now. However, President Trump does not have the power to unilaterally create a tax cut—only Congress has the ability ...

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 ...

One policy measure that's repeatedly appeared on President Trump's coronavirus stimulus wish list is a payroll tax holiday. The president has proposed slashing the payroll tax rate for employees and ...

When Are Payroll Taxes Due? 2025 Due Dates and Requirements Your email has been sent Staying on top of payroll tax deadlines is tough, so we created this guide to cover the key 2025 payroll tax due ...

Calculating payroll taxes involves a massive amount of math. The bigger your company gets, the more chances you or your accountants have to make a mistake, even if it's just mistyping a number. If you ...

Payroll deductions are amounts withheld from a worker's pay for various expenses. Federal, state and local authorities require mandatory deductions for taxes and Social Security expenses. Employers ...

Payroll and HR go beyond just issuing paychecks. As an employer, you need to track hours, calculate deductions, file taxes, stay compliant with changing regulations and keep detailed records. Many ...