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ContentTwo Things in This Life Are Certain: Death and Tax LoopholesFirst, Enter the Dry IngredientsHow to open a backdoor Roth IRAHow to report a backdoor Roth IRA contribution on your taxesBackdoor Roth IRA: Understanding the loophole that gives high-income earners the tax benefits of a Roth ...

Contentfor Withholding Requirementse-Services for BusinessWithholding RequirementsMedicare taxFile Because each state receives a credit to cover 5.4% of FUTA payments, employers effectively pay only 0.6% annually into FUTA. Payroll taxes go to support social programs and public expenses for ...

ContentThe Effects of Payroll on Assets and LiabilityCash to accrual for accounts payable and expenses?Example of an Accrued PayrollSteps on Calculating Accrued Payroll Plus, most states have a required pay frequency—make sure you’re familiar with these laws. The process helps businesses ...

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