Payroll Basics: Withholding & Employment Taxes

Event description

Hiring an employee is only the beginning. Once you make that hire, you also need to understand how to properly calculate, withhold, and report employment taxes. This live webinar will introduce key payroll concepts and help you better understand your ongoing federal payroll tax responsibilities.

Highlights:

• Understand federal income tax withholding basics
• Learn about Social Security and Medicare taxes
• Explore methods for calculating federal income tax withholding, including the wage-bracket and percentage methods
• Understand how employee tips are handled for payroll purposes
• Learn about Federal Unemployment Tax Act (FUTA) responsibilities

This live webinar is intended for small business owners and new employers who want to better understand payroll withholding and federal employment tax responsibilities.