Most people earn some or all of their income from some manner of a job, earning wages or a salary. Employment tax issues often revolve employee status, and many decisions around corporate structure are related to the need for the owner to be an employee – on payroll – or not. The most common numbers looked at for economic health are the jobs report, unemployment rate, and wage growth rates.
Look out restaurants. As of January 1, 2014 automatic tips for servers will need to be included in payroll. That means reporting tips as wages and paying payroll taxes. That [...]
Have you ever wondered how your state comes up with the amount of unemployment tax you pay for your employees? Generally the formula is: taxable wages up to the wage [...]
With the economy as it is these days people might find themselves moving to find work. It is possible for these expenses to be tax deductible. Here is a guide [...]