CPA Practice

APRIL 9, 2024

These taxes fund social insurance programs such as Social Security, Medicare, and unemployment benefits. Here’s a quick breakdown of payroll taxes: Federal Income Tax Withholding : Employers must withhold federal income tax from employees’ wages based on their W-4 Forms and Internal Revenue Service (IRS) guidelines.

payroll tax 102

payroll tax West Virginia payroll cpas 102

TaxConnex

FEBRUARY 11, 2025

In Mississippi, have passed House Bill 1, which would eliminate the state income tax, trim the states high taxes on groceries and potentially raise municipalities sales taxes. Kansas sales tax on some groceries has now dropped to zero. The bill has advanced to the state senate.

Sales 147

Sales Arizona Tax Louisiana 147

TaxConnex

MARCH 2, 2021

House has passed a measure that would increase the general sales tax rate for clothing and many other items from 7% to 9.5%. The proposal, which now goes to the state’s Senate, would also phase out Mississippi’s personal income tax over 10 years and cut its grocery tax in half over five years. Wisconsin Democratic Gov.?

Sales 246

Sales Tax Missouri Wisconsin 246