Stopping CA SDI Withholding Can Help You Save

by Thomas Kim, CPA Tax Director   In California, if you are an officer and sole shareholder of a corporation, you can stop the California State Disability Insurance (SDI) withholding from your wages by making an exclusion election…
payroll tax

2021 Payroll Tax and Standard Auto Mileage Rate Changes

Bonnie Thompson   Beginning January 1, 2021, the following changes go into effect for the withholding of payroll taxes and reimbursement of auto mileage. SOCIAL SECURITY The wage base for withholding social security tax…