Payroll taxes are deducted from an employee’s paycheck specifically for Social Security, Medicare, and unemployment. Confusion about FICA vs FUTA arises because both are similarly named types of ...

For those who are tuning in late, here's what's been going on with the payroll tax fight on Capitol Hill. Without action by January 1, a number of policies will expire – an unemployment benefits ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of Science in ...

The IRS and U.S. Department of Homeland Security (DHS), acting on behalf of U.S. Immigration and Customs Enforcement (ICE), recently entered into an unprecedented memorandum of understanding (MOU) in ...

Many businesses have team members across state lines, and you may have clients with remote employees in other states. Payroll can get confusing and tricky in those situations! Here are some ...

Payroll accounting helps employers stay on top of what they owe employees and understand how worker compensation impacts cash flow. Accounting is a critical part of every business, but have you heard ...