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Employment Tax Consulting Lincoln RI

This page provides useful content and local businesses that can help with your search for Employment Tax Consulting. You will find helpful, informative articles about Employment Tax Consulting, including "Employment Taxes - What are They?". You will also find local businesses that provide the products or services that you are looking for. Please scroll down to find the local resources in Lincoln, RI that will answer all of your questions about Employment Tax Consulting.

Franklin Moore Mclaughlin IV
(401) 421-5115
148 West River Street, Suite 1E
Providence, RI
Specialties
Estate Planning, Tax, Elder Law, Probate, Wills, Guardianship, Power Of Attorney
Education
New York University School of Law,Pepperdine University School of Law,University of Texas at Dallas
State Licensing
California, Massachusetts, Rhode Island

Brian P. Gallogly
(401) 276-2656
121 South Main Street
Providence, RI
Specialties
Tax, Litigation, Advertising
State Licensing
Massachusetts

Lawrence Douglas Hunt
(774) 206-8210
180 S MAIN ST
PROVIDENCE, RI
Specialties
Estate Planning, Real Estate, Tax
State Licensing
Massachusetts

Michael Jonathan Chazan
(401) 739-2900
1 CITIZENS PLZ CITIZENS BANK BLDG
PROVIDENCE, RI
Specialties
Estate Planning, Tax
Education
Boston University School of Law,Vermont Law School,Trinity College
State Licensing
Massachusetts

Michelle Ruberto Fonseca
(617) 305-2164
1 FINANCIAL PLZ STE 1400
PROVIDENCE, RI
Specialties
Tax
Education
Suffolk University Law School,University of Rhode Island
State Licensing
Massachusetts

Normand G Benoit
(401) 861-8245
180 S MAIN ST
PROVIDENCE, RI
Specialties
Public Finance, Health Care, Tax
State Licensing
Massachusetts

Katie A. Ahern
(401) 274-2000
50 Kennedy Plaza, Suite 1500
Providence, RI
Specialties
Public Finance, Business, Tax
State Licensing
Massachusetts

John Russell
(401) 274-7200
1 CITIZENS PLZ CITIZENS BANK BLDG
PROVIDENCE, RI
Specialties
Business, Corporate, Mergers & Acquisitions, Real Estate, Tax
Education
Boston College Law School,Roger Williams University, Ralph R. Papitto School of Law,Gettysburg Colle
State Licensing
Massachusetts

Kathleen A Ryan
(401) 861-8200
180 S MAIN ST
PROVIDENCE, RI
Specialties
Probate, Real Estate, Tax
State Licensing
Massachusetts

David C Morganelli
(401) 861-8283
180 S MAIN ST
PROVIDENCE, RI
Specialties
Tax, Real Estate, Health Care
State Licensing
Massachusetts

Employment Taxes - What are They?

Employment Taxes - What Are They?

Small business owners often start and run their businesses by themselves. As the business grows, employees are eventually hired to help with the increased work. Of course, the business owner then has to figure out employment taxes.

If you have employees, you are responsible for paying a variety of taxes at the federal, state, and local levels. You must also withhold certain taxes from the paychecks of your employees. So, what are employment taxes?

Employment taxes include the following.

1. Federal income tax withholding

2. Social Security and Medicare taxes

3. Federal unemployment tax (FUTA).

You generally must withhold federal income tax from wages paid to an employee. Form W-4 is used to determine the specific amount, although most payroll services or your accountant will do this for you.

Social security and Medicare taxes pay for benefits that workers and families receive under the Federal Insurance Contributions Act (FICA). Social security tax pays for benefits for the retired, survivors, and disability insurance distribution provisions of FICA. Medicare tax pays for benefits under the medical care provisions of FICA. As an employer, you must withhold a percentage of these taxes from employee and match the withholding amount.

In general, you must deposit these taxes by check or cash to an authorized financial institution, typically your bank. Check with your tax professional to make sure you are not required to use the ...

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