Proponents say the one-stop portal for businesses paying local payroll taxes is a red tape reduction move. A Kentucky cities ...

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.

These adjustments, announced by the IRS in October 2024, reflect an approximately 2.8 percent increase in income thresholds ...

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 ...

Social Security faces a looming financial crisis. According to the latest projections, the program’s “trust fund” will be ...

State Senate Republicans called Tuesday for tax cuts of $1,000 for middle-class families that would be paid partly by a ...

There’s a rumor circulating that Social Security is headed toward bankruptcy. And thankfully, that rumor isn’t true. Social ...