Just hired your first employee? Finally took over payroll processing duties? Simply want to learn more about what your HR manager is doing on a biweekly basis? No matter your involvement with payroll at your small business, we’ve broken down some of the most common terms to know. 1. Accrue – This means to build […]
by Pat Loeb PHILADELPHIA (CBS) — Small business owners are warning that a repeal of the Affordable Care Act will cripple their businesses and their employees. Two major groups have also issued statements of concern.
Wages subject to Social Security FICA rise to $127,200; tax brackets adjusted upward. This article was written by Stepehn Miller, CEBS and originally featured at Shrm.org. The maximum amount of earnings subject to the Social Security payroll tax will climb 7.3 percent in 2017 to $127,200—up by $8,700 from the $118,500 maximum for 2016 and […]
The Social Security tax rate is 12.4% but only half is paid by employees and only income below a certain limit is included. This article is a reprint from http://www.fool.com/retirement/2016/06/24/what-is-the-social-security-tax-rate.aspx Social Security tax is one part of the Federal Insurance Contribution Act (FICA) tax, and it is assessed at a rate of 12.4%. This is split […]
As an online marketer, you’re probably used to hearing about the “next big thing” in social media. The next network that could rival Facebook, unseat Twitter and so on. While it’s true that many platforms are no doubt overhyped, the top app that’s on nearly everyone’s radar is Snapchat. Since its launch in late 2011, […]