Taxes and Withholding

Articles

Proof of Investment Submission: Employer’s Guide to Processing POI

Proof of Investment (POI) submission is a crucial aspect of managing employee benefits and financial transactions within an organization. Employers ...

What is State Income Tax Withholding?

Business owners face a myriad of responsibilities by virtue of being in business and having employees. One of these responsibilities ...

Payroll Taxes and Employer Responsibilities

There is a big difference between being an employer and being an employee. It all comes down to responsibility. As ...

FICA Tax Funds Retirement and Medical Benefits for Retirees

After working for decades, employees face living for a few more decades without their monthly earnings. That is why from ...

What is the Difference Between an Employee and an Independent Contractor?

There are numerous roles that a business needs to fulfil, some being full time, and others for a shorter term. ...

Employer’s Liability for Employment Taxes

Employers have massive responsibility when it comes to managing taxes withheld from the pay of their employees. There are a ...

Are Employers Required to Withhold Taxes on an Hourly Employee

Here is a young employee. They’ve just joined your company on a specific hourly wage. Then they receive their first ...

Keeping Your Business Compliant With Payroll Tax Requirements

The Federal government, and sometimes the state, requires employers to withhold taxes, make payroll tax payments, and provide proper reporting ...

Navigating Multistate Unemployment Tax Reporting and Remittance

Any corporation that is looking for customers today extends beyond just the local neighborhood or area. Globalization and the internet ...