Small businesses were hit hard by COVID-19, and even as these businesses start to get back on their feet, there continue to be challenges that make running a small business difficult. One such issue is the increase in unemployment taxes. What taxes are being affected? While there hasn’t been a change in the FUTA (Federal
How do I calculate payroll tax implies that it is a single tax. Payroll tax is an umbrella term covering all the taxes paid on the wages of your employees. It doesn’t matter if you have 1 or 100 employees, payroll taxes are a part of your business expenses. What is Payroll Tax? Payroll taxes