
Employee Tax Withholdings
Employers are required by law to withhold employment taxes from their employees. Employment taxes include federal income tax, Social Security, and Medicare taxes.
Employers are required by law to withhold employment taxes from their employees. Employment taxes include federal income tax, Social Security, and Medicare taxes.
COVID-19 may have created tax complications for companies with employees working from home in another state. To prevent tax surprises for you and your employees, understanding how to classify wages will avoid penalties and amending tax filings.