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With a payroll deduction plan, employers withhold money from an employee's paycheck, most commonly for employee benefits and taxes. It can be voluntary or involuntary.

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 ...

Of your many responsibilities as a small business owner, ensuring that your employees’ pay is calculated accurately ranks near the top of the list. That includes withholding the correct amounts for ...

Social Security withholding is a payroll tax that makes up part of the umbrella FICA deduction withheld from employee paychecks. The other component is the Medicare tax. FICA stands for the Federal ...

Of your many responsibilities as a small business owner, ensuring that your employees’ pay is calculated accurately ranks near the top of the list. That includes withholding the correct amounts for ...

Employees must get paid for the work they do, and it is the employer's responsibility to ensure that this happens. You can handle employee payroll in different ways, such as manually, with an in-house ...

Gross pay is the amount of money you earn before any payroll deductions are taken out of your paycheck. In contrast, your net pay is the amount of money you take home after deductions like taxes, ...

Essential payroll documents like W-2s and time sheets ensure accurate employee payments. Learn what you need for compliance and efficiency. Learn how to calculate payroll taxes in these easy steps.

After an 18-month delay, premiums for Washington’s fledgling long-term care insurance program will resume Saturday. Nearly all Washington workers will see a deduction on their next paycheck. The 0.58% ...

It's almost that time of year; tax season is nearly here. But with all the forms and applications you need to fill out, it's easy to get confused. No matter if it's your first time or you've been ...

Knowing your effective tax rate can help you understand how well you’ve been managing your tax situation throughout the year.