A civil engineer earning $176,100 in 2025 per year looks the same as Elon Musk in the eyes of the Social Security system.

The White House on Thursday clarified President Trump's comments suggesting that he will permanently eliminate payroll taxes at the start of 2021 if he's re-elected in November. Since Trump signed an ...

President Trump confirmed Tuesday that he's been considering a payroll tax cut but rejected the notion that he's worried about a possible recession on the horizon. Speaking to the media before a ...

Paying employees involves more than making sure they are compensated accurately and on time. Employers are also responsible for calculating, deducting, setting aside and paying the various types of ...

In a late Friday press release, the Treasury Department issued long awaited guidance on President Trump’s August 8 payroll tax holiday memorandum. The notice from Treasury allows, but does not force, ...

Calculating payroll taxes involves a massive amount of math. The bigger your company gets, the more chances you or your accountants have to make a mistake, even if it's just mistyping a number. If you ...

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. Liabilities are a fact of life for a business owner.

SEATTLE — The Seattle City Council has decided to table deliberations during the coronavirus pandemic for the amended payroll tax legislation that seeks to tax big businesses like Amazon. Seattle City ...

Tracking your company’s spending is essential for maintaining accurate financial records. One financial accounting method businesses use is the payroll journal entry. Payroll journal entries record ...