The payroll-taxes tag has no wiki summary.
4
votes
2answers
116 views
What accounts for the “average” FICA payroll tax paid not being close to its 15.3% theoretical maximum?
This is a question regarding the social insurance tax in the U.S.
The effective payroll tax cited by the Congressional Budget Office as well as the Tax Policy Center is lower than I would expect for ...
4
votes
1answer
386 views
How to pay myself as a single person corporation in Ontario? Should I get an accountant?
I'm an IT contractor and required in some of my contracts to have a corporation. I created my corporation, opened a corporate account and have been collecting income for about 6 months now...
... I ...
2
votes
2answers
63 views
Filling out our W4 correctly
So we recently got married and now I'm trying to figure out our W4. I make 77k a year and she's around 68k a year. Her stub shows Single-0 and mine is Married-1. I read through a bunch of articles and ...
2
votes
4answers
9k views
How do I calculate net monthly salary (after taxes) in Germany?
If I were to say that my yearly, gross salary was 50,000 euros, then what would be my monthly net after-tax income?
For example, this calculator looks OK to me: ...
4
votes
3answers
238 views
Why are US taxes taken out as if spread over the year instead of as due?
{Note - I am going to simplify the numbers below since the US tax code is, well, complicated}
Given the following tax rates:
1..12000 10%
12001..24000 15%
24001..36000 20%
36000 and up ...
4
votes
1answer
89 views
What is the “payroll tax cut” as mentioned in the news recently?
Today I was watching news and I heard about a "payroll tax cut." They were talking about a 2 month extension of something being passed, but they wanted to pass a 1 year extension.
Can someone please ...
