From 2010 through 2012, the federal government, under the Obama administration implemented what it called a “payroll tax cut,” reduction of federal taxes taken out of every worker’s paycheck.
the decision not to implement the withholding of Social Security taxes is because of the challenges of setting up a new payroll system or employee concerns about the reduction in take-home pay ...
Miscalculating payroll taxes can land you in hot water with government ... Employers in a credit reduction state are not eligible for the full FUTA tax credit. State unemployment tax State ...
Proponents say the one-stop portal for businesses paying local payroll taxes is a red tape reduction move. A Kentucky cities group says it’s “government overreach.” ...
In particular, workers earning less than ten times the minimum wage and self-employed workers with more than two employees experienced a reduction of payroll taxes of 13.5 percent between 2013 and ...