Date post: | 28-Nov-2014 |
Category: |
Small Business & Entrepreneurship |
Upload: | surepayroll |
View: | 205 times |
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5 Tips for Hiring Your First Employee
Make the Leap to Hire with Confidence
How to Withhold Payroll Taxes
What Employers Need to Know
Withholding Payroll TaxesWhat to Withhold:
•Federal Income: Based On How Much the Employee Earns.
•Social Security & Medicare: Referred to as FICA (Federal Insurance Contributions Act).
• Each has Specific Rates.
•State & Local Taxes:Most States have Their Own Income Taxes. Many Localities Also have Income Taxes and are Based On:
• City
• School District
• Or County
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