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Setting up payroll withholding can be a challenge for small businesses hiring their first employees. In this guide, we'll explain what withholding is, who has to withhold taxes, and tips for setting up withholding.
Unlike full-time employees whose employers pay half of their FICA taxes, self-employed individuals have to pay both halves. These self-employment taxes can add up quickly. In this guide, we'll explain how they work.
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