Here's everything small-business owners need to know about payroll deductions, including which ones are required by law. Many, or all, of the products featured on this page are from our advertising ...

In order to pay your employees correctly each pay period, you need to know how to calculate gross and net pay. Learn how to ensure your payroll is precise.

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Employees must get paid for the work they do, and it is the employer's responsibility to ensure that this happens. You can handle employee payroll in different ways, such as manually, with an in-house ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Social Security withholding is a payroll tax that makes up part of the umbrella FICA deduction withheld from employee paychecks. The other component is the Medicare tax. FICA stands for the Federal ...

It's almost that time of year; tax season is nearly here. But with all the forms and applications you need to fill out, it's easy to get confused. No matter if it's your first time or you've been ...

We are a team of writers, experimenters and researchers providing you with the best advice with zero bias or partiality. The crux of the payroll function is to pay employee’s wages accurately. Payroll ...