With a payroll deduction plan, employers withhold money from an employee's paycheck, most commonly for employee benefits and taxes. It can be voluntary or involuntary.

Of your many responsibilities as a small business owner, ensuring that your employees’ pay is calculated accurately ranks near the top of the list. That includes withholding the correct amounts for ...

Calculating gross wages is the first step to paying employees correctly and keeping accurate payroll records. Learn about the process with this guide. Gross wages sounds like a simple concept. It’s ...

How does my employer know exactly how much tax to deduct from my paycheck?<P>I am fully aware of the IRS tax tables, however, without doing all the calculating by hand, how does the payroll dept. know ...