Check us out on BrokerCheck           

Frequently Asked Questions


Defining ‘Quiet Quitting’ and What Employers Need to Know

August 30, 2022 | posted by Abacus Payroll
First there was the work-from-home revolution that turned into the Request for Time Off push back. Then the “Great Resignation” took off which is proving to be the Great Regret for many of those who jumped ship. Now, the newest viral “term” to take off in the world of employment is Quiet Quitting. While it […]
Read More

Hiring & Firing: What You Need to Know

July 11, 2022 | posted by Abacus Payroll
With a growing small business comes managing employees.  You’ll quickly learn that the process of recruiting, hiring, training, and potentially terminating can be exhausting. You also are under pressure to follow labor laws precisely to keep your business compliant when it comes to state and federal regulations. While it is time consuming, it is important […]
Read More

Payroll FAQs

February 24, 2021 | posted by Abacus Payroll
What is your payroll FAQ about? Federal Taxes Q: As an employer, what are my federal payroll tax responsibilities for 2021? A: FICA rates require a 6.2% Social Security tax and 1.45% Medicare tax.  There is an additional Medicare surtax of 0.9% for incomes exceeding $200,000 to be withheld from each employee’s paycheck. The employer’s match […]
Read More