A Tax Essential: the Percentage-Withholding Method

by | Sep 5, 2018 | Payroll, Taxes

Employers are required to withhold federal income tax from all employees’ wages unless the employee is exempt from the tax. The withholding amount is based on the employee’s taxable wages, marital status and number of allowances stated on his or her W-4...

5 Ways the IRS Will Make You Pay Your Payroll Taxes

by | Jun 11, 2018 | Payroll, Taxes

The Internal Revenue Service aggressively collects delinquent payroll taxes, and it has the authority to do just about anything to collect them. Here are five of the most aggressive tactics the agency uses. Shut you down. The IRS can lock your doors and shut down your...