Employment and Taxes
- Payroll Taxes
Most people who work get their taxes automatically deducted from their paycheck. This includes income tax, medicare, Social Security, and any state taxes. Learn more about payroll taxes here.
- Garnishment of Wages
When a working person owes money, either for back taxes, a civil settlement, or back child support, his or her wages may be taken out of their paycheck against their will. This is called garnishment of wages.
- Paying Estimated Taxes
Most employees have taxes automatically deducted from their paycheck, but independent contractors do not, which means they need to pay self-employment tax. This article explains how contractors can keep on top of their tax payments by paying estimated taxes.
- Self-Employment Taxes Q&A
This article has answers to some frequently asked questions about keeping track of and paying taxes when a person is an independent contractor or similarly self-employed. Examples of common situations also are provided.