Make payroll taxes a priority If you’re a small business owner in the United States, you’ll need to understand payroll taxes from the moment you hire your first employee. Dating back to Franklin D. Roosevelt’s New Deal, payroll taxes are the taxes withheld from an employee’s earnings ...
Employer payroll taxes are a feature of the Federal Insurance Contributions Act, also known as FICA, which Congress adopted in 1935. FICA began as a way to pay for the then new Social Security program, created in response to the Great Depression. Since then, employers have deducted Social Sec...
Square Payroll subscribers About Florida employer tax informationWith Square, you can run payroll, pay your taxes and stay ahead of the compliance to focus on running your business. This guide is intended for your state taxes only. It’s important to note that laws vary by jurisdiction, and ...