Calculating Your Federal Income Taxes

Posted on: 6 April 2018

After more than a decade of growth and change, self-publishing is finally coming into its own as a viable way for authors to build their own publishing business. Some of the factors that have helped to increase its popularity are obvious, like not having to obtain a publishing agent, which has often proved to be a roadblock for some authors in the past. But when the traditional route to becoming a best-selling author is eschewed, authors do have to become more proactive about making good business decisions.
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Posted on: 4 April 2018

As an employer, one of your new responsibilities is the collection, remittance, and proper accounting for payroll taxes. What, exactly, are payroll taxes? And what do they mean for the employer? Here's a brief guide to get you up to speed. The Basic Payroll Taxes There are two basic forms of payroll taxes that are mandated by federal law. These are contributions to fund Social Security and Medicare, and they usually show up on employee paychecks as FICA (Federal Insurance Contributions Act) and MEDFICA.
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