In the last article we went over how to do the calculations for your federal payroll deductions both for the employee and the employer. In this article we’ll go over the deductions for the State of California and how to calculate them. What You’ll Need You’ll need to grab a copy of the California Employer’s …
In the last post, Introduction to Payroll, we went over the paystub, your W4 and what it all means. In this post we’re going to put that information together with the Federal Employer’s Tax Guide Publication 15 and the Federal Income Tax Withholding Methods Publication 15-T and calculate a sample paycheck (or at least the …
Remember your teenage years when Fridays were everything? School was out for the weekend and in your inbox at work a paycheck was waiting for you. It was the one day a week you really wanted to go to work because that $100 check meant your weekend was going to be a blast. To the …
Back in the early ’90s I was the owner of a small computer networking company. I didn’t have any employees at the time and it was nice to not have to manage other people. I was a sole proprietor and it paid the bills and I was happy with that. If you’re in a similar …
If you’re forming a C-Corp and don’t plan on having any employees or taking any money out of the business then I suppose technically you don’t need a Federal Employer Identification Number (EIN), but if you are forming an S-Corp or any company where you plan on pulling any money out then one of the …