No one likes paying taxes, whether payroll or sales tax, which is why many companies defer to the experts and outsource the entire process. Does your business conduct commerce in multiple states? Then it can be a challenge to calculate sales and use taxes on product categories, keep up with changing tax rates, and pay state sales tax on time.
As pension plans go by the wayside, Americans are increasingly becoming responsible to put money away for retirement in a 401k or IRA plan. Typically, the goal is to not touch this money until you retire, but sometimes individuals will take early withdrawals. So what qualifies as an early withdrawal?
Florida may have no state income tax, but there is still a lot to know about taxes in the Sunshine State. PaycheckCity’s sister site Payroll-Taxes.com houses all of the tax research behind the paycheck calculators on PaycheckCity. Read this article for our current research on Florida taxes including state tax, unemployment, income tax, and more.