Everything you need to know about North Carolina's state income withholding tax, reciprocity agreements and other helpful information and links.
Posts published in “Tax”
Everything you need to know about Georgia's state income withholding tax, reciprocity agreements and other helpful information and links.
Everything you need to know about state income tax and reciprocity in California, as well as other helpful links for running a business in CA.
Everything you need to know about Texas state income withholding tax, reciprocity agreements and other helpful information and links.
Everything you need to know about Maine's state income withholding tax, reciprocity agreements and other helpful information and links.
Everything you need to know about Massachusetts's state income withholding tax, reciprocity agreements and other helpful information and links.
Everything you need to know about Pennsylvania's state and local income withholding tax, reciprocity agreements and other helpful information and links.
Everything you need to know about Maryland's state income withholding tax, reciprocity agreements and other helpful information and links.
Everything you need to know about Florida state income withholding tax, reciprocity agreements and other helpful information and links.
Over the next few weeks, as your employees start to receive their 2022 W-2 form, they will most likely have many questions as to what all those numbers mean. For example, it is not uncommon for a salaried employee who earns $50,000 per year question why their Box 1 Wages only reflects $45,000. Did they get underpaid? Probably not. If the employee contributes to a pension plan (aka 401(k)) or has pre-tax insurance deductions, then those amounts reduces the “taxable” wage, which is what appears in Box 1. Some employees may also wonder why their Federal Income Tax withheld is…