Your 2024 bonus is taxed at 22% federally (37% over $1M), plus Social Security, Medicare, and state taxes. Withholding varies ...

U.S. News & World Report's 2025 "Best Payroll Software" lists Patriot Payroll as "Best for Tax Filing," thanks to ...

Many employees are surprised to find that their take-home pay is less than their expected salary. This discrepancy arises from various tax withholdings mandated by federal law. Understanding these ...

Choosing an accounting software package, whichever is appropriate for a particular business, is a most crucial decision. With ...

Form 941 is used to report income taxes, payroll taxes, Social Security, and Medicare taxes withheld from employee wages. Most employers who pay wages file Form 941.

Facing inflation and rising wages as they sorted out 2025 spending plans in the face of a possible $260 million budget ...

As businesses are turning to cloud-based payroll and HR solutions, the security and compliance concerns faced due to ...

However a P45 is not mandatory to claim certain lump sum repayments. PAYE 94055 and 94058 under the sub-heading “Sources of evidence” (for a repayment) also allows “Real Time Information pay and tax ...

Avoiding running off agency PAYE reference numbers is how the government can avoid destabilising the UK’s entire temporary labour market.

While a Niagara Falls restaurateur under investigation for allegations of wage theft received a third round of tax breaks ...

While a Niagara Falls restaurateur under investigation for allegations of wage theft received a third round of tax breaks Wednesday, five former employees, three of them managers, have come forward ...