2012 Payroll Software from RealTaxTools.Com Updates 2012 Tax Tables Including …

2012 Payroll Software from RealTaxTools.Com Updates 2012 Tax Tables Including …
The Medicare tax rate is 1.45% each for the employee and employer, unchanged from 2011. There is no wage base limit for Medicare tax. The FUTA tax rate is 6.0% for 2012. The 2012 amount for one withholding allowance on an annual basis is $ 3800.
Read more on MarketWatch (press release)

January 31st Deadline Nears for Employers to Begin Paying Back Borrowed …
Federal Unemployment Tax Act (FUTA) taxes paid by employers will increase by $ 21 per employee in states that did not pay back the federal loan by November 2011 and have had outstanding loan balances for more than two years. The tax penalty increases by …
Read more on MMD Newswire (press release)

Tags: 2012, from, including, payroll, RealTaxTools.Com, software, Tables, Tax, updates

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