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Tag Archives: Payroll Tax

IRS Releases Updated Form W-4 and Withholding Calculator

The IRS has released an updated version of Form W-4 (Employee’s Withholding Allowance Certificate) and its online withholding calculator. These tools allow taxpayers to check their 2018 tax withholding following passage of the Tax Cuts and Jobs Act (TCJA). The … Read more

Posted on in category: Business Accounting, Small Business News, Payroll | Tagged , , , , | Leave a comment

Reminder: Employee Payroll Tax Cut Expires

  The Social Security payroll tax cut for employees (which had been in effect since 2011) has expired as of the end of December 2012. As a result, the combined FICA tax rate  for employees in 2013 is 7.65%, with … Read more

Posted on in category: Accounting & Tax | Tagged , , , , | Leave a comment