If you’re wondering why your paycheck is smaller than your salary suggests it should be, the answer may be payroll taxes. Businesses collect these taxes regularly and pay them on behalf of their ...
A regressive tax is one that is assessed at the same rate to everyone, regardless of their income. They are also sometimes ...
From payroll deductions to extra taxes for high earners, we break down Medicare tax. Here are 5 essential facts every ...
For most people, the Social Security payroll tax is just a 6.2% deduction on their paycheck. Few know where the money goes, how it's calculated, or why rules differ based on income, job type, or ...
IRVINE, CALIFORNIA / ACCESS Newswire / October 1, 2025 / The IRS has announced tougher penalties for late payroll tax deposits in 2025, signaling a renewed focus on employer compliance. Payroll taxes ...
Cherriots proposes a 0.7% payroll tax on Salem-area employers to fund service expansion. The tax, if approved, would generate an estimated $39.4 million annually starting January 1, 2026. Local ...
The updated rules stem from federal tax legislation passed in 2025, sometimes referred to as the 'One Big Beautiful Bill,' ...