The Social Security Wage Base for Employees and Self-Employed People Is Increasing in 2024 cover

The Social Security Wage Base for Employees and Self-Employed People Is Increasing in 2024

The Social Security Administration recently announced that the wage base for computing Social Security tax will increase in 2024. Read more to learn about this update.
Who is at Risk of The Trust Fund Recovery Penalty? cover

Who is at Risk of The Trust Fund Recovery Penalty?

The Trust Fund Recovery Penalty is personally imposed on certain business owners and managers when employment taxes aren’t paid.