Day: December 23, 2020

2021 Federal Tax Table – Admin > Payroll Tax Tables > Federal Revised 1-14-2021   Single Tab Head of Household Tab Married Tab Federal Unemployment tax is generally .6% on the first $7,000. However, employers in credit reduction states are subject to a higher rate. Check with your accountant to determine your rate. 401K limits
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If your Company paid out wages to any Employee during the year of 2020 for time off due to COVID-19 sickness or the Families First Coronavirus Response Act (FFCRA), you need to show these wages in Box 14 of their W2. Below are instructions on how to enter these wages onto the W2.   If
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