This utility calculates US Federal Withholding, Social Security and Medicare taxes during calendar year 2018. It allows for setting the Social Security rate to zero after a maximum salary of $128,400 is reached. If federal withholding or tax rates change during 2018, an update will be released. This utility is simple to use and is designed as a personal "Pay Check" check and a small business payroll calculator.
It can be used for both hourly and salary wages. Hourly wages should be entered as total for the pay period.
Update withholding tax tables for calendar year 2018.
Ratings and Reviews
I have a small business with less than 10 employees, I refuse to pay a payroll company $150+ per month to do my payroll. This is a great helper for me!
It also helps when I do my quarterly reports! I like that you can pick your current ss rate. If your a frugal small business owner this should be great for you!
This is a great utility for a small business with only a few employees. I get the information I need for my payroll in just a few minutes.
Good payroll calculator for small business
The program calculates Federal withholding and FICA payroll taxes for 2012. It provides both the 4.2% and the 6.2% rate for social security.
With Family Sharing set up, up to six family members can use this app.