5 Tips for Hiring Your First Employee

Make the Leap to Hire with Confidence

How to Withhold Payroll Taxes

What Employers Need to Know

Withholding Payroll TaxesWhat to Withhold:

•Federal Income: Based On How Much the Employee Earns.

•Social Security & Medicare: Referred to as FICA (Federal Insurance Contributions Act).

• Each has Specific Rates.

•State & Local Taxes:Most States have Their Own Income Taxes. Many Localities Also have Income Taxes and are Based On:

• City

• School District

• Or County

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