Patriot Software's Blog

What Is Non-Taxable Income?

Non-taxable wages are wages given to an employee or individual without any taxes withheld (income, federal, state, etc.). However, most wages that you pay out to your employee(s) are taxable. So when are wages non-taxable? The IRS definition of a non-taxable wage and other tax-exempt income is fairly narrow. (Please note that there are exceptions […]

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What Is New Hire Reporting?

Hiring new employees is exciting, but it’s also filled with a lot of paperwork. From Form W-4 to Form I-9 and all the forms in between, there’s a lot to record. But, there is one more to add to the list, and you don’t want to forget it: new hire reporting.

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Your Guide to Take-home Pay

As an employer, you are responsible for withholding various taxes from employees’ wages. After you subtract all of the taxes and other deductions, money left over is considered take-home pay. Read on to learn more about what is take-home pay and how to calculate it.

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