Blog
What Employers Need to Know About FIT Withholding on Paychecks
- Kayla Kelly
When running payroll, few things are as consistently misunderstood as federal income tax withholding, or FIT. Employers often find themselves fielding questions from employees about why their take-home pay is lower than expected or whether their federal taxes are being calculated correctly. Understanding how FIT works-and what “FIT on paycheck” really means-helps you ensure compliance, maintain […]
IRS Bars Employers From Dumping Workers Into Health Exchanges
- Kayla Kelly
Many employers had thought they could shift health costs to the government by sending their employees to a health insurance exchange with a tax-free contribution of cash to help pay