Franchises for Sale
|
Women Entrepreneur
|
Subscribe
|
Newsletters
|
Special Offers
Search
Home
Ask Entrepreneur
Grow Your Biz
Business Ideas
Franchises & Opportunities
Video
Tools & Services
Get more from Office Live Small Business
Take your business online
Attract new customers
Stay on top of your business
Community
Get Help & Advice
Main Page
Business Operations
Business Opportunities
Sales & Marketing
Advertising & PR
Finance & Accounting
Franchises
Home Business
Human Resources
Internet/E-Commerce
Legal Issues
Starting Up
Technology
Home
>
Help & How-To
>
Finance & Accounting
Help & How-To
Finance & Accounting
Do commissions from a sale get included in payroll taxes?
One of our employees works for commission. When I put them through as a payroll item, taxes are withdrawn and I have to pay twice as much on Social Security and Medicare.
Asked by miechelle
Posted: Wednesday, September 12, 2007 | Found in
Finance & Accounting
More answers by
Pam Newman
Answer by
Pam Newman
Yes -- if it is for an employee, then taxes need to be withheld on ANY compensation.
Pam Newman is a Certified Management Accountant, author and Certified QuickBooks ProAdvisor for Financial and Point-of-Sale software. She is also president of
RPPC, Inc.
, which provides customized business development services.
More Questions from Finance & Accounting
How do I calculate early projections for my business plan?
Why would someone start a business for their taxes?
How should one keep track of used coupons?
How to get a business loan and where if I do not have any collateral?
Any tips on factoring my accounts receivable?
Recent Articles & Resources
We've gathered content from some of the best resources on the web. Find tips to help you run a successful business with this collection of videos, articles, expert blogs, and more.
How Hard Could It Be? The Four Pillars of Organic Growth
By Joel Spolsky When you build a company, you have to choose between two very different ways of growing. When my co-founder, Michael Pryor, and I
Help & How-To series: Business Plans
American Express OPEN SM brings you the best in business advice from today’s most sought-after experts in this promotion of Entrepreneur’s popular
Finding the right business match
Effective networking involves the pursuit of viable, productive contacts. Sydney Pollack talks about the crucial first step in getting a project off
OPEN BOOK: A Practical Guide to Online Marketing
Download a PDF of our complete online marketing guide including expert advice, tips on search engine marketing, Web 2.0 and web analytics, as well as
Respect the marketplace and reap the rewards
Wikipedia founder Jimmy Wales explains how "radical transparency" works and why your customers will respect you for it.
Search Answers
Meet the Experts
Tim Berry
Business Plans
View more answers by Tim Berry »
Nina Kaufman
Legal
View more answers by Nina Kaufman »
Brad Sugars
Business Operations
View more answers by Brad Sugars »
Pam Newman
Financial Management
View more answers by Pam Newman »
Lena West
Online Business
View more answers by Lena West »
Kim T. Gordon
Marketing
View more answers by Kim T. Gordon »
Pattie Simone
Marketing
View more answers by Pattie Simone »
Penny Morey
Human Resources
View more answers by Penny Morey »
Roy Williams
Advertising
View more answers by Roy Williams »
Ramon Ray
Technology
View more answers by Ramon Ray »
Jeff Elgin
Franchise
View more answers by Jeff Elgin »
Rosalind Resnick
Money and Finance
View more answers by Rosalind Resnick »
Elinor Robin
Employee Management
View more answers by Elinor Robin »
Paige Arnof-Fenn
The Entrepreneur's Life
View more answers by Paige Arnof-Fenn »
Bonnie Price
Marketing
View more answers by Bonnie Price »