In order to pay your employees correctly each pay period, you need to know how to calculate gross and net pay. Learn how to ...

The overtime deduction is temporary – it only applies for the 2025 to 2028 tax years.

The Social Security Administration on Oct. 10 unveiled a higher threshold for earnings subject to Social Security payroll taxes, known as the "taxable maximum" or "wage base." The limit shifts ...

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 ...

Tracking your company’s spending is essential for maintaining accurate financial records. One financial accounting method businesses use is the payroll journal entry. Payroll journal entries record ...

CreditNinja reports that in 2025, 29%-33% of taxes are withheld from paychecks, varying by location and income.

Only wages up to the wage base limit are subject to Social Security payroll taxes. The wage base limit will increase from $168,600 in 2024 to $176,100 in 2025. There are few social programs more ...