Learn how payroll taxes fund Social Security and Medicare, and what employers and employees need to know about FICA and ...

Understand payroll's components, from employee compensation to calculating taxes like FICA. This guide simplifies payroll basics for better financial management.

The IRS has announced it’s working on developing new guidance and updated forms for tax year 2026, which will include changes ...

Payroll Taxes Return Forms, Filing Dates and Deposits There are a number of different forms on which payroll taxes can be reported, however, the three most commonly used by contractors are 940, 941, ...

The Internal Revenue Service (IRS) has officially announced that standard tax forms and withholding tables will remain ...

The main payroll tax deductions include federal income taxes (variable by person), Social Security taxes (6.2%) and Medicare taxes (1.45%). Depending on where you live and work, you might also be ...

What does the "Big Beautiful" bill mean for your Social Security as a retiree - and how can you plan for the potential ...

File quarterly payroll tax returns (Form 941) to report payroll taxes and annual unemployment tax returns (Form 940). Keep accurate payroll records and provide employees with correct W-2 forms ...