Tag: Payroll Tax

Rising Payroll Taxes Coming to Shore Up California’s Pandemic-Depleted UI Fund

As the 2021 crop of legislation is coming into form and moving through legislative committees addressing a range of topics, one topic is conspicuously...

IRS Issues Guidelines to President’s Payroll Tax Deferral Order

The U.S. Department of Treasury and Internal Revenue Service (IRS) issued guidelines to President Donald Trump’s payroll tax deferral executive order the night of...

Payroll Tax Deduction, Exempt Classification Rates Will Rise in 2018

For 2018, the Social Security Administration announced that the Social Security taxable wage base will rise by $1,500—from $127,200 to $128,700 maximum taxable earnings. In...