Navigating Employment Taxes: Hiring, Payroll, and Withholding Essentials

Federal Taxes When Hiring Employees or Independent Contractors - In this workshop we'll discuss your responsibilities as an employer or as one who pays others for services in the course of your trade or business. We also cover employee vs independent contractors. Whether you're handling this yourself or paying someone else to do it, you need to know this important information. How to Manage Payroll and Withholding the Correct Amount of Taxes- In this workshop we'll discuss your responsibilities as an employer to identify wages that are subject to employment taxes. We'll explain the difference between an accountable plan and a non-accountable plan. And we'll show you how to calculate your payroll taxes using the appropriate method. We will also discuss federal unemployment taxes.