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.
Read More Your Guide to Take-home Pay
The minimum wage law prevents employers from paying employees below a certain amount per hour. What is minimum wage? There is a federal minimum wage, but many states and localities set a higher wage. Comply with labor laws by learning what minimum wage your business may be subject to.
Read More What Is Minimum Wage? 2026 Federal and State Minimum Wage
As a business owner, running errands is inevitable. But sometimes, you are too busy to make the run yourself. You might send an employee to pick up something or handle a task for you. If you find yourself counting on employees to use their personal cars for business, consider offering mileage reimbursement. So, what is […]
Read More What Is Mileage Reimbursement? 2026 Rates and More
The Metropolitan Commuter Transportation Mobility Tax (MCTMT) was enacted in 2009 to provide funds for transportation, taxing income earned from wages and self-employment in 12 downstate counties in the state of New York.
Read More What Is the MCTMT Tax?
As an employer, you’re responsible for payroll taxes, like Medicare tax. So, what’s the purpose of Medicare tax? And, what does it include? Keep reading to get a brief rundown. Medicare Taxable Wages Definition The wages taxed that support the Medicare system, which is a health insurance program devised by the federal government to provide […]
Read More A Closer Look at Medicare and Medicare Taxable Wage
If you have employees, you’re responsible for handling and paying Medicare tax. Like all things tax-related, Medicare tax can get complicated quickly. Read on to learn what is Medicare tax, what it funds, and how much it costs.
Read More What Is Medicare Tax? A Closer Look for Employers & Employees
Do you know how often you need to deposit federal income, Social Security, and Medicare taxes? You can’t deposit the taxes whenever you feel like. Your deposit frequency is based on a lookback period. So, what is a lookback period?
Read More Lookback Period: What’s Your Deposit Schedule for 2026?
Here’s another tax to add to the payroll checklist: local income tax. Cities, counties, small areas, and localities across the country have a local income tax for individuals working or living in the area. But, what is local income tax? What are your responsibilities?
Read More What Is Local Income Tax?
When it comes to running a business, you’re constantly looking for new ways to boost employee morale and increase employee retention. One solution? Letting employees donate PTO by creating a leave donation program. But, what is leave donation, exactly? And, how does it work when it comes to taxes?
Read More Can Employees Donate PTO? How to Create a Leave Donation Program
Labor law posters are federal and state notices that tell employees about their legal employment rights. If you have even one employee, you must hang labor law posters. It is your responsibility to hang the correct posters and keep them up to date as statutes change.
Read More Federal and State Labor Law Posting Requirements