Payroll taxes

As President Trump’s advisers cast about for ways to juice the economy, temporarily trimming payroll taxes has fallen out of favor, and with good reason: Voters might not even notice it.

Economic indicators increasingly point to a potential downturn.

The Trump administration is mulling the possibility of temporarily cutting Social Security and Medicare taxes as a way to spur the economy.

The Internal Revenue Service is automatically waiving the estimated tax penalty for hundreds of thousands of eligible taxpayers.

The Internal Revenue Service is replacing its old online tax withholding calculator and making it easier for taxpayers to determine how much in taxes they should withhold.

Revenue officers visited nearly 100 businesses suspected of having serious issues with employment tax compliance.

The Internal Revenue Service isn’t doing enough to flag over $74 million in potentially erroneous claims for the Excess Social Security Tax Credit, according to a new report.

Small, young companies could be eligible for up to $250,000 in payroll tax savings.

Due dates for reporting have been moved up, and worker classification remains a major problem.

For 2019, the service will just update the 2018 version of the form.

Taxpayers in New York and Connecticut still have a few potential options to avoid the hit from a new cap on state and local tax deductions, while residents of other high-tax jurisdictions may only have creative estate planning as a last resort.

Paychex reported a slight increase in job and wage growth at small businesses in May, although the pace of wage growth dipped slightly compared to last year.

The vote comes after weeks of intense debate over what responsibility large companies have for the growing number of people living on the streets.

The Internal Revenue Service’s Chief Counsel has issued a memorandum providing advice on unreported tip income, with the caveat that the advice cannot be used or cited as precedent.

Oklahoma CPA Tyler Winn shares four strategies for success in this popular service area.

Keeping employees from being mislabeled as independent contractors hasn't been a big priority, according to a report from the Treasury Inspector General for Tax Administration.

Democrats counting on an angry, anti-Trump vibe to propel them to victory in November’s congressional elections may be in for a surprise as voters begin to see the effects of last year’s tax overhaul in their paychecks.

New York state lawmakers could punch a $50.6 billion hole in the federal government’s budget by revamping their state income tax.

New York state would end income taxes on wage earners and make up the revenue with an employer payroll tax that’s federally deductible as part of a restructuring plan that Governor Andrew Cuomo is recommending to mitigate harmful effects of the new U.S. tax code.

Before the ink was dry on the Republican tax bill signed into law late last month, experts predicted that state governments would try to shield their residents from tax hikes they’ll suffer from a sharp reduction in state and local deductions.