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Tag Archives: payroll

NY Senators Seeking to Protect Suburban Employers from Higher MTA Tax

A group of Senators is looking to protect Hudson Valley and Long Island Employers from a new proposal to increase the payroll tax to support the MTA. To generate an additional $800 million for the MTA, Gov. Kathy Hochul has … Continue reading

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U.S. Adds 261,000 New Jobs in October, Higher Than Expected

Despite the recent Federal Reserve interest rate increase, which was aimed to slow the job market, October was a strong month for the nation’s labor market. The country saw an increase of 261,000 jobs for the month, however, the unemployment … Continue reading

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U.S Payroll Grows By 315,000 In August

As expected, the U.S. labor market grew in August as more people are entering the workforce, which in turn pushed the unemployment rate up.  A total of 315,000 new jobs were added which was higher than the expected 298,000 for … Continue reading

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Household Employee Guidance

If you hire people to work in your home, you may be legally obligated to pay their federal and state payroll taxes. You must also indicate on your annual tax return that you employ household workers. Here’s a snapshot … Continue reading

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