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Posts Tagged ‘FUTA’

Q. I am a painter and my boss says I am an independent contractor. He says I have to pay all my own taxes and my paycheck will be my total wages instead of minus taxes. Is that correct? A. Unfortunately, I can’t make the distinction of whether or not you are actually an employee. [...]

May 21st, 2008 | Filed under Employer, Payroll

Q. As a small business owner looking forward to processing my own payroll, I am curious about FUTA and SUTA and how the calculation works. A. First, congratulations on taking the step toward hiring employees. It can be both a good thing, because you are growing, and a bad thing, because employees bring new challenges [...]

Apr 10th, 2008 | Filed under Employer, Payroll