A regressive tax is one that is assessed at the same rate to everyone, regardless of their income. They are also sometimes ...

From payroll deductions to extra taxes for high earners, we break down Medicare tax. Here are 5 essential facts every ...

In the last six months we have seen a marked increase in the number of contractors who have required our assistance to resolve payroll tax issues with the IRS. All of these clients had one thing in ...

For most people, the Social Security payroll tax is just a 6.2% deduction on their paycheck. Few know where the money goes, how it's calculated, or why rules differ based on income, job type, or ...

The updated rules stem from federal tax legislation passed in 2025, sometimes referred to as the 'One Big Beautiful Bill,' ...

Cherriots proposes a 0.7% payroll tax on Salem-area employers to fund service expansion. The tax, if approved, would generate an estimated $39.4 million annually starting January 1, 2026. Local ...