These adjustments, announced by the IRS in October 2024, reflect an approximately 2.8 percent increase in income thresholds ...

Again, how you calculate payroll tax withholding depends on the tax. For example, federal income tax is progressive, while FICA tax is a flat percentage. Income tax isn’t technically a payroll ...

It’s no wonder payroll deductions are confusing for ... Employment taxes include federal income tax withholding and taxes for Social Security and Medicare. But when it comes to all the taxes ...

Even if your salary didn't change, you might have dropped into a lower tax bracket in 2025, reducing your tax rate. So you ...

A federal grand jury in San Antonio has indicted a Carrizo Springs man on seven counts of failing to account for and pay over ...

When you’re a small business owner, it can seem like there are a million different things vying for your attention. And if ...

Here are some commonly asked questions about payroll, taxes and withholding and direct deposit. If you have additional questions, please contact the payroll office. Employees are paid semi-monthly on ...

If you would like step by step instructions to update your tax forms, you may visit the Canvas Workday System Preview Courses and select "Change W-4 Withholding Elections" under the Generic Workday ...

and payroll taxes for Social Security and Medicare. Typically the income tax withholding rate on the signing bonus is whatever you set on your W-2 form for wages. There is an additional Medicare ...