Tag: tax season

Payroll Tax Changes in 2021: 5 Helpful Tips for Employers

Feb 27, 2021

—

by

Intrepid Payroll

in Payroll Services

The general makeup of employee paychecks, outside of wages, are federal income taxes, Social Security, and Medicare expenses. One of those, Social Security payroll taxes, is increasing by almost 3.6% to $142,800 in 2021. What does this mean for you as an employer? Compared to 2020, an increase of $5,100 in Social Security payroll taxes…
Want to Make Business Taxes Easier? Use a PEO!

Feb 28, 2020

—

by

Intrepid Payroll

in PEO

Well, the 2020 tax season is upon us. Are you ready for it? If you’re like many business owners, you may find yourself scrambling to get everything done before April 15th. Business taxes are especially challenging for smaller companies that don’t have the time or expertise to manage the tax process. Wouldn’t it be wonderful…