Key Takeaways − FUTA deposits are generally quarterly when your quarterly FUTA liability exceeds $500; if it’s under $500 for the quarter, roll it forward. If it’s under $500 for the entire year, you can pay with Form 940 by January 31. Federal income tax withholding, Social Security, and Medicare (FICA) deposits follow either a […]
Read More When Are Federal Payroll Taxes Due?
If you have employees, you likely need to fill out and file Form 941 each quarter. Form 941 is jam-packed with different sections and calculations, which leaves room for errors. Avoid major Form 941 mistakes and learn how to fill out Form 941 line by line here.
Read More How to Fill Out Form 941 (2026): Step-by-step Instructions to Fill Out Form 941
Payroll compliance isn’t a once-per-year task you can easily check off. Remaining compliant is a big job. You must make sure your business is compliant with all payroll laws year-round. You can make payroll compliance easier and less stressful by doing tasks throughout the year. In fact, there are some tasks, like filing taxes, that […]
Read More Payroll Compliance Checklist (By Payday, Month, Quarter, and Year)
As an employer, one of the biggest responsibilities you have is knowing which payroll forms to fill out. With so many forms out there, it can be difficult to know which apply to your business. Learn which IRS payroll forms your small business must file, due dates, and where to send each form.
Read More 9 IRS Payroll Forms for Small Business
You’ve finished distributing Forms W-2. Just when you think you’re done, an employee comes up to you, hands you their form, and asks, Why are my W-2 Box 1 earnings less than my Box 3 and Box 5 earnings?
Read More Form W-2 Box 1: Why Are Box 1 Earnings Less than Boxes 3 and 5?
Once you send Forms W-2 to your employees, you don’t have to worry about the annual form until next year. Or, do you? If you don’t know how to fill out Form W-2, you may run into problems.
Read More How to Fill Out Form W-2: Box-by-box Breakdown
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?
The year-end and new year are filled with payroll responsibilities, like filing and distributing Forms W-2 to your team. But first, you need to know how to generate a W-2 form for your employees.
Read More How to Generate a W-2: Use Software or Manually Fill in the Form
As the year comes to a close, you might be gung-ho about all the goals you want to achieve next year. But before you can get the ball rolling in the new year, you must wrap up some things in the current year, including your payroll.
Read More A Year-end Payroll Checklist to Finish the Year Strong
When payday rolls around, employees receive their wages for hours worked. They may also receive a digital or paper pay stub, which breaks down their earnings and payroll deductions. As an employer, you must know how to generate pay stubs.
Read More How to Generate Pay Stubs for Employees