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Employer Payroll Tax Obligations When Employees Work Out-Of-State

Anders CPA

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.

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Heads Up! Payroll Changes Coming in July

ThomsonReuters

As COVID-19 vaccinations continue to rise and a sense of normalcy slowly returns, we can hopefully put tumultuous payroll changes behind us. State by State Payroll Tax Changes. New Mexico. Beginning July 1, new forms will be used to report withholding tax. The minimum wage increases to $12.50

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The Benefits of Delayed Business Filings

CPA Practice

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. Nellie Akalp is a passionate entrepreneur, recognized business expert, and mother of four.

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Federal Paid FMLA May Be Out While States Consider Possibilities

ThomsonReuters

The program would be funded by 2% payroll tax, 1% paid by the employer, 1% paid by the employee ( L. New Mexico. The post Federal Paid FMLA May Be Out While States Consider Possibilities appeared first on Tax & Accounting Blog Posts by Thomson Reuters. 2022, H447 ). . Proposed legislation ( L.

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5 States with the Lowest Combined Business Taxes

CPA Practice

Property and payroll taxes In addition to business or personal income taxes and sales tax, property and payroll taxes are important considerations. Property tax rates can vary significantly, impacting the cost of owning or leasing business space.

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Last Week in Payroll: The Ides of March

ThomsonReuters

A new COVID-19 relief bill was just signed into law and Spring is just around the corner. Now, let’s take a look at this past week in payroll and go over a few of the more interesting stories buzzing about in the industry. Federal News. The IRS explains that EFTPS will soon have a new option to select deferral payment.

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Last Week in Payroll: The List and Legality of Employee Vaccination Requirements

ThomsonReuters

New Mexico. In addition, please reach out to a sales or service specialist at Thomson Reuters Checkpoint for information on how our products can help you navigate through payroll tax and non-tax topics. Penalties for failure to comply may apply.

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