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Tip Income

Tip Income

TaxTV Staff January 24, 2012 0

Top 3 Takeaways 1: Tips are Subject to Income Tax Tips are generally considered as wages and subject to tax.  Employers are required to withhold federal income taxes, pay Social Security taxes and pay

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Paying Payroll Tax

Paying Payroll Tax

TaxTV Staff December 16, 2011 1

Top Takeaways 1: Payment requirements of Employment Taxes Varies Employees pay Social Security, Medicare, Federal withholding, State withholding, and State disability in the state of California. Employers are also responsible for paying Social Security,

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Filing Payroll Tax

Filing Payroll Tax

TaxTV Staff December 16, 2011 0

Top Takeaways 1: Quarterly Employment Tax Payments are due 4 times a year Quarterlies are required to be filed four times a year at the end of each calendar quarter. In the state of

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