FICA is composed of two taxes: Social Security and Medicare. Social Security Social Security is calculated by multiplying an employee’s taxable wages by 6.2%. ...
Technology is moving forward and most people are “right-here-right-now” kind of consumers. We all want what we want when we want it. When running a ...
Form 941 records payroll tax liability and deposits. The form is filed quarterly in accordance with the Internal Revenue Service’s laws and regulations. The IRS ...
What exactly is After-The-Fact payroll? After-The-Fact means that after the payroll is issued, the values are then recorded for compliance reporting and other purposes. Taxes ...
1099-etc Payroll Software has paved the path to simplified payroll tax preparation and e-filing! 1099-etc Payroll Software is YOUR solution if you want an all-inclusive ...
In 1989, the IRS E-File pilot project included 36 states with 1.1 million returns filed. In 1990, E-File went nationwide with 4.2 million returns filed! ...
Self-employment comes with a lot of responsibility. There is somewhat of an “honor” system in place when it comes to reporting income. In many cases, ...
The results of the 2014 CPA Practice Advisor Readers’ Choice Awards are in and Advanced Micro Solutions’ 1099-etc Software scored high once again. Readers were ...
FICA withholding rates have not changed from 2013; the only difference is that the maximum wage subject to Social Security tax has increased to $184,500 ...
