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

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 ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

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 ...

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 ...

Sending out timely payments to employees is critical to your operations. Here are the best payroll services to automate payments while avoiding human error.