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Employment Tax Consulting Washington DC

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 Washington, DC that will answer all of your questions about Employment Tax Consulting.

Charles P Hurley
1090 K Street Northwest
Washington, DC
Specialties
Tax
Education
Case Western Reserve University School of Law,Kent State University
State Licensing
DC

Paul T Kaplun
(202) 344-8535
575 7th St Nw
Washington, DC
Specialties
Tax, Mergers & Acquisitions, Government Contracts
State Licensing
DC

Ana C Arumi
1001 PENNSYLVANIA AVE NW OFFICE BLDG
WASHINGTON, DC
Specialties
Tax
Education
Duke University School of Law,Georgetown University,University of North Carolina, Chapel Hill
State Licensing
DC

Julian Y. Kim
(202) 637-1005
555 11TH ST NW STE 1000
WASHINGTON, DC
Specialties
Litigation, Tax, Federal Regulation
Education
Harvard University,Princeton University
State Licensing
DC

Aharon J Friedman
(202) 778-5621
1201 PENNSYLVANIA AVE NW OFFICE BLDG
WASHINGTON, DC
Specialties
Tax
Education
Harvard University Law School,New York University School of Law,City University of New York, Brookly
State Licensing
DC, New York

Philip Thomas Hackney
(202) 622-7971
1111 Constitution Ave. Nw, Washington
Dc, DC
Specialties
Tax
Education
New York University
State Licensing
Texas

Kristen Marie Garry
(202) 508-8186
801 PENNSYLVANIA AVE NW STE 900
WASHINGTON, DC
Specialties
Tax
Education
New York University School of Law,Cornell University
State Licensing
New York

Jon G Finkelstein
(202) 756-8426
1001 PENNSYLVANIA AVE NW OFFICE BLDG
WASHINGTON, DC
Specialties
Tax, Estate Planning
Education
University of Minnesota Law School,Columbia University
State Licensing
DC

Jennifer Birchfield
(202) 344-4452
575 7th Street Nw
Washington, DC
Specialties
Estate Planning, Tax, Partnership
State Licensing
DC

Cheryl M. Coe
(202) 637-2157
555 11TH ST NW STE 1000
WASHINGTON, DC
Specialties
Tax, International Law, Project Finance, Business
Education
Emory University,Georgetown University
State Licensing
DC

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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