The Big Idea Host Elizabeth Gore welcomes H&R Block Small Business Director John Towle to break down payroll taxes for business owners. Towle explains the three main federal payroll tax buckets, who ...

Lots of wage earners only file tax returns once a year. But small business owners, including the self-employed, have additional taxes to worry about–and possibly year round. While many wage earners ...

Successful businesses must stay on top of their accounting. Learn how to use payroll journal entries to track wages and other financial data.

For most people, the Social Security payroll tax is just a 6.2% deduction on their paycheck. Few know where the money goes, how it's calculated, or why rules differ based on income, job type, or ...

“Payroll taxes are considered trust fund taxes, which means the IRS treats late or missing payments extremely seriously,” said a spokesperson for Clear Start Tax. “Employers who fall behind can face ...

In my role at Founders First, we’re first and foremost advocates for small businesses to gain access to the necessary funds to grow. Many of the entrepreneurs we serve are generating under $500,000 in ...

The Social Security payroll tax includes a 6.2% tax paid by both employees and employers. Workers will pay Social Security payroll taxes on up to $184,500 in earnings in 2026. Individuals who have ...

Payroll and HR go beyond just issuing paychecks. As an employer, you need to track hours, calculate deductions, file taxes, stay compliant with changing regulations and keep detailed records. Many ...