How to Calculate Bonus Pay and Taxes: 2024 Complete Guide

Learn how to accurately calculate bonus pay and taxes to ensure you comply with tax regulations and provide accurate compensation to employees.

Why It’s Crucial to Classify Your Employees Correctly (1099 Contractors vs. W-2 Employees)

Understand the key differences between 1099 contractors and W-2 employees to determine the right employment classification for your business.

Step-by-Step Checklist for Your First Payroll Run

Running your first payroll can be a complex process. This step-by-step checklist provides a guide to help you ensure a smooth and successful payroll run.

What Is an EIN? How Do You Know If You Need One?

Find out what an EIN is and how to determine if you need one for your business or organization with this comprehensive guide.

Payroll Tax Forms and Deadlines for Household Employers

This guide provides information on the different payroll tax forms and deadlines specific to household employers, helping you navigate the process with ease.

What Is a Lookback Period?

Your payroll lookback period determines which payroll tax deposit schedule to follow when filing federal income and FICA taxes.

How to Calculate Payroll Taxes: A Step-by-Step Guide

Calculating payroll taxes is one of your most important responsibilities as an employer. Learn the basics of calculating payroll by hand.

What Are Tax Forms 941 and 944?

Discover what tax forms 941 and 944 are, their differences, filing requirements, and find out how to avoid errors and penalties with our comprehensive guide.