Anders CPA

MAY 15, 2023

This changing employment landscape requires employers to reassess their payroll tax withholding processes to ensure you are withholding the proper amount of state, local and unemployment taxes from your employees’ wages. Below we dive into the state and unemployment tax responsibilities employers need to know.

payroll tax 52

payroll tax payroll South Dakota Rhode Island 52

ThomsonReuters

APRIL 9, 2021

Employers were reimbursed with a payroll tax credit or a refund if the cost exceeded their tax liability. Credits were claimed through Form 941, the quarterly employment tax return. The credit will be against the employer’s share of Medicare tax. in February. in February. in South Dakota to a high of 9.2%

Hawaii 98

Hawaii South Dakota payroll tax payroll 98

CPA Practice

DECEMBER 19, 2023

Timing is Everything In the complex world of small business finance and accounting, the strategic timing of business filings can be a game-changer. She is the CEO of CorpNet , the most innovative way to start a business, register for payroll taxes, and maintain business compliance across the United States.

Rhode Island 116

Rhode Island West Virginia South Dakota North Dakota 116

ThomsonReuters

JULY 7, 2021

And in 2013, the Additional Medicare tax (0.9%) on wages in excess of $200,000 took effect. In general, the federal income tax, Social Security tax, FUTA tax, Medicare tax, and Additional Medicare tax are considered employment or payroll taxes. Payroll tax relief.

payroll 59

payroll Tax income tax payroll tax 59

ThomsonReuters

FEBRUARY 7, 2022

The program would be funded by 2% payroll tax, 1% paid by the employer, 1% paid by the employee ( L. Try Checkpoint Edge FREE for 7 days and get instant access to Quick Reference Charts on Paid Family and Medical Leave programs ( Payroll Guide ¶19,022 ) and State Family and Medical Leave laws ( Payroll Guide ¶20,030).

Missouri 98

Missouri Rhode Island Nebraska Mississippi 98

ThomsonReuters

FEBRUARY 12, 2021

In Hawaii, legislation passed the state’s House of Representatives that would roll back unemployment tax rates for 2021. The schedule used to determine tax rates in 2021 increased and this bill would roll back the increases on the Aloha State a bit. Stay tuned for future editions of Last Week in PAYROLL.

payroll 95

payroll income tax California Hawaii 95