Employers in India must navigate various payroll taxes, including income tax, EPF, and ESI, ensuring accurate calculations ...

Note: Now that the No Tax on Tips measure has been signed into law, the new tax deduction for cash tips takes effect for the ...

Responding to a call from an advisor in California, the ERISA consultants at the Retirement Learning Center (RLC) address a question concerning the hierarchy of payroll deductions in relation to ...

The major changes made to this guide since the last edition are outlined. This guide reflects some income tax changes recently announced which, if enacted as proposed, would be effective July 1, 2025.

It covers your federal tax withholding and helps pay your share of federal taxes in real-time. In 2022 alone, employers withheld over $2.7 trillion in federal income tax from U.S. workers.

This new tax will bring in about $16 million in the next fiscal year on top of the $57 million they already get from payroll taxes. By the year after, that would rise to about $30 million.

A South Texas business owner admitted on April 30 to failing to pay employment taxes at his local business, U.S. Attorney Nicholas J. Ganjei announced. Timothy Gaines Pollard, of McCoy, Texas ...

Hours of Operation: Open 8:00 a.m. to 5:00 p.m. Monday - Friday in accordance with the university holiday schedule and campus closures. The payroll lobby is available from 8:30 a.m. to 4:30 p.m.

$220.00 federal income tax withholding + 76.50 total FICA withholding + 46.30 state income tax withholding = $342.80 in total bonus tax withholding. The net bonus you issue to your employee equals ...

Announcing the commencement of the new tax regime on New Year’s Day, the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, said on his X (formerly Twitter ...

The major changes made to this guide since the last edition are outlined. This guide reflects some income tax changes recently announced which, if enacted as proposed, would be effective January 1, ...

Deduct federal income taxes based on the employee’s Form W-4 and the IRS’s tax withholding tables. Deduct FICA taxes (Social Security and Medicare taxes) at a rate of 7.65%.