SS EE is an acronym for federal Social Security taxes paid by employees. All employees in the United States pay these taxes out of every pay check, at least up to a certain amount of income. The employer has the obligation to withhold those taxes from each paycheck, and pay the taxes to...
One way to limit payroll’s impact on your cash flow is to pay your people using direct deposit or digital pay options instead of paper checks. Because you don’t know when someone will cash a paycheck, it becomes more difficult to ensure you always have sufficient funds in your bank acco...
is an official document used to request a Federal EIN. Essentially, you apply through Form SS-4 to obtain a unique nine-digit number that can be considered the Social Security number for your business entity.
The typical 401(k) plan automatically deducts your pre-tax contribution from gross earnings in each paycheck, reducing taxable income for the year. 401(k) plans also defer taxes on the accumulated gains until the money is withdrawn. Be sure to contribute enough to get youremployer's full mat...
Another criticism of CPI-U is the U. It's focused on urban dwellers, not those who live in rural or suburban communities whose spending patterns are different and who may see different prices for various goods and services. The truth is that CPI doesn't really matter to you unless you ha...
One of the more common e-mails that I get regards middle class families trying to purchase homes in California. To the point, many look at their budgets and sky high home prices and wonder what is going on. Over the last decade if we look at the d...