Payroll Updates for 2025
EMPLOYEE & EMPLOYER WITHHOLDINGS & LIMITATIONS FOR 2025 SOCIAL SECURITY Rate for both the employee and employer stays the same at 6.2%. The wage base increases from $168,600 to $176,100. [...]
Understanding Form 1099: Who Needs It and Why
When it comes to tax season, many of us are familiar with the W-2 form, but what about the lesser-known Form 1099? Form 1099 serves a critical role in the world of taxes, and understanding why [...]
