If your business is planning for payroll next year, be aware that the Social Security wage base is increasing.Read More
Archive for the ‘Social Security’ Category
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The 2021 Social Security Wage Base Is Increasing
- October 22nd, 2020
- Posted in Payroll Tax, Social Security, Tax, Tax Planning, Uncategorized
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Employers Have Questions and Concerns About Deferring Employees’ Social Security Taxes
- September 8th, 2020
- Posted in Accounting, Business, COVID-19 Resourcecs, Payroll Tax, Social Security, Tax, Tax Planning
The IRS has issued guidance to implement the deferral of the employee share of Social Security tax, but employers still have questions and concerns,Read More
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The President’s Action to Defer Payroll Taxes: What Does It Mean for Your Business?
- August 17th, 2020
- Posted in COVID-19 Resourcecs, Payroll Tax, Social Security, Tax
The President has taken executive action to defer the employee portion of some workers’ Social Security taxes. Here’s a look at the issue.Read More
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Steer Clear of the Trust Fund Recovery Penalty
- July 13th, 2020
- Posted in Accounting, Payroll Tax, Social Security, Tax
The “Trust Fund Recovery Penalty” is among the more dangerous tax penalties facing business owners and managers with employees. Here’s why.Read More