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Tax and Labor Law

Find lots of important information about federal and state tax and labor law changes, as well as useful forms, tax tools and calculators.


Federal Payroll Tax Changes in 2014

July 7, 2014 | posted by Abacus Payroll
Social Security / Medicare   The wage base increases to $117,000 for Social Security and remains UNLIMITED for Medicare. For Social Security, the tax rate is 6.20% for both employers and employees (Maximum Social Security tax withheld from wages is $7,254.00 in 2014). For Medicare, the rate remains unchanged at 1.45% for both employers and […]
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Pennsylvania Payroll Tax Rates in 2014

May 28, 2014 | posted by Abacus Payroll
Pennsylvania Income Tax Rate The withholding rate for 2014 remains at 3.07%     Pennsylvania Unemployment Tax The employee rate for 2014 is 0.07%. Wages subject to unemployment contributions for employees are unlimited. Wages subject to unemployment contributions for employers increase to $8,750.     City of Philadelphia Wage Tax Effective January 1 through June […]
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New Jersey Payroll Tax Rates in 2014

May 28, 2014 | posted by Abacus Payroll
If you’re a small business in New Jersey, then here is a summary of all the payroll tax changes that you need to know about in 2014. We keep this page updated, but if you’d like to be alerted to more changes to New Jersey Payroll Tax rates in future, you can subscribe to our […]
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