This means that no matter how much an employee makes, the employer would deduct a total of 2.9 percent for the Medicare tax. The employer and […]

Companies that issue bonds are likely to use contra liability accounts. If the bond is sold at a discount, the company will record the cash received […]

Because expenses have yet to be deducted, revenue is the highest number reported on the income statement. Revenue is the income earned from selling goods or […]

Payroll administrators can easily manage and adjust to the navigation of the software with prior knowledge and experience. “The customer service has been great; training has […]

A payroll processing service can help you figure out how much to pay and when. You will need this total for all employees for the FUTA […]