Sage 100: Have a payroll tax rule that will calculate FICA and Medicare but no federal and state withholding taxes. However, the earnings will be added to taxable wages.

Votes

8

Have a payroll tax rule that will calculate FICA and Medicare but no federal and state withholding taxes. However, the earnings will be added to taxable wages.

by: Avron K. | over a year ago | Payroll / Job Cost

Many clients want to give bonuses at year end but don't want the federal and state taxes withheld however they need to to withhold fica and medicare. The wages need to be added to the withholding taxable wages.

by: Avron K. | over a year ago | Payroll / Job Cost

Avron, aren't bonuses in your state still subject to ALL payroll taxes? By not deducting these taxes, an employee may end up owing tax on their returns.

by: Kevin T. | over a year ago