Federal and state governments levy several payroll taxes. Some are taxes paid by employees. Generally, employers must calculate these taxes, deduct the money from paychecks and remit the money to the ...

The Social Security payroll tax includes both an employee portion and an employer portion. As a company, when calculating your payroll expenses, you need to account for the additional payroll cost of ...

Payroll accounting helps employers stay on top of what they owe employees and understand how worker compensation impacts cash flow. Accounting is a critical part of every business, but have you heard ...

DALLAS, TX / ACCESSWIRE / March 15, 2024 / In an era where financial management and operational efficiency are paramount, businesses seek innovative solutions to streamline their payroll and expense ...

While your team may be aware of large sales in the business, they may need to learn what it costs you to run the business, pay a team and cover the hidden costs of mistakes and rework. Be cautious in ...

The controversy over the deductibility of payroll expenses by Paycheck Protection Program (PPP) loan recipients has finally been settled, less than a week before the end of the year. The Consolidated ...

Tracking your company’s spending is essential for maintaining accurate financial records. One financial accounting method businesses use is the payroll journal entry. Payroll journal entries record ...