Editorial: Stop taxing tips? It's a popular idea. And a bad one
Donald Trump and Kamala Harris agree: No tax on tips! Does this rare coincidence between the two political adversaries mean…
Taxes
How to calculate bonus payments and taxes: complete guide 2024
Bonuses can be a great tool to incentivize and reward all kinds of employee behavior, from meeting performance goals to…
1099 Contractors vs. W-2 Employees: Classify Your Employees
In the United States, W-2 is the standard employee classification, while 1099 contractors are freelancers, contractors, and other short-term workers.…
Step-by-step checklist for your first payroll run
Managing your first payroll is exciting, but it can also be overwhelming and even a little intimidating. How do you…
What is an EIN? How do you know if you need one?
An employer identification number (EIN) is necessary to complete basic business activities in the United States and its territories, such…
Payroll Tax Forms and Deadlines for Household Employers
Correctly calculating and filing household employee payroll taxes protects you from liability and gives you access to tax breaks. But…