Payroll Taxes Articles

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How to Calculate Payroll Taxes for Employers

A practical, step-by-step guide to calculating payroll taxes, with examples, key rates, and tools to simplify compliance. Having employees is an amazing feeling. But learning the responsibilities of being an employer can be daunting. One responsibility you have once you hire employees is learning how to calculate payroll taxes and withholding taxes from their paychecks. […]

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What is the Employer Medical Assistance Contribution Tax?

Are you staying on top of your state-specific employer responsibilities? Because each state has different laws, you may have more tax responsibilities than an employer in another state. If you’re an employer in Massachusetts, you might be required to pay the employer medical assistance contribution (EMAC) tax.

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7 Common Payroll Errors That Trigger Heavy IRS Penalties (and How to Avoid)

Payroll mistakes are more than clerical slip-ups. They can trigger steep IRS penalties, interest, and audit scrutiny. The most common issues involve late tax deposits, worker misclassification, incorrect forms, and bad data. For example, failure to deposit penalties escalate from 2% – 15% of the unpaid amount, plus interest. 

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