Hiring employees can make a world of difference when it comes to eliminating your stress and streamlining operations and understanding employment taxes. But, it also launches you into a new world filled with tax regulations and withholding obligations.
Mastering employment taxes can trip up many business owners, but failing to do so correctly can land you in hot water. Find out which taxes you must withhold, contribute, and pay when you have employees at your business.
What are employment taxes?
When you have employees, you need to deal with employment taxes. Employment taxes include income, FICA, and unemployment taxes.
In Wyoming and Washington, workers’…
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