FlamingoImages / Getty Images Independent contractors are considered self-employed even if they only work for a single client. Rather than relying on an employer to withhold their payroll taxes ...

Employees are treated as taxable workers subject to payroll taxes. Independent contractors are responsible for paying their own taxes. Workers are usually not considered to be employees if they ...

First, while some call it a payroll tax cut, it is technically a deferral and, as it stands, those taxes will need to be repaid starting in January. Second, many workplaces are deciding not to ...

and payroll tax. The proposal, spearheaded by Rep. Earl L. “Buddy” Carter (R-GA), would dismantle the current federal tax code and replace it with a single national sales tax. That ...

we're not sure at this point what would happen in that situation. As mentioned above, employers aren't required to suspend the collection and payment of the 6.2% Social Security payroll tax.

There are other tax changes happening next year that could put more money in your paycheck. If you collect Social Security, ...

Many people who don't pay federal income tax do work and owe payroll taxes ... than 160 million individual tax returns annually. But not everyone who earns money in the U.S. necessarily needs ...

Critics of a proposed statewide payroll tax in Washington — including CEOs, startup founders, and venture capitalists — warn ...

The Additional Medicare tax is levied on those with income of $200,000 or more and a single ... the federal government did not begin to collect FICA payroll taxes until 1937.

Wages are not applied to a student ... should contact University Payroll (847-491-7362). Student employment earnings are taxable by both the state and federal governments however, Social Security and ...