The One Big Beautiful Bill Act introduced a new deduction called No Tax on Overtime for the 2025 tax filing season.

Lots of wage earners only file tax returns once a year. But small business owners, including the self-employed, have additional taxes to worry about–and possibly year round. While many wage earners ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. For anyone with employees, paying employment taxes is inevitable.

Learn how to deposit withheld payroll taxes correctly with IRS Notice 931. Follow required schedules and understand penalties ...

Essential payroll documents like W-2s and time sheets ensure accurate employee payments. Learn what you need for compliance and efficiency. Learn how to calculate payroll taxes in these easy steps.

Lawmakers should heed the lessons when Seattle passed a similar tax — and could only watch as thousands of jobs moved to ...

While it’s true that payroll has its complexities, mastering the fundamentals of processing payroll can be valuable, especially if you’re a small business with a minimal team. By understanding each ...

A year ago, Senate Majority Leader Jamie Pedersen, D-Seattle, signed onto legislation to create a statewide version of a Seattle... Read Story ...