Honda Auto Repair #10: Oxygen Sensors Are a Critical Key to Passing Emissions. Automotive exhaust emissions are everyone's concern because we all breathe the same air. Fifty percent of Americans live in areas that exceed national clean air standards.
If so, youâll need to collect withholding taxes. These are state and county taxes that are withheld from your employeesâ wages. Registration for withholding tax is necessary if the business has: 1  Employees. 2  Non-resident shareholders. 3  Non-resident partners. 4  Beneficiaries for distributions of income.
Both employees and employers are required to contribute to these funds. Employers are required to withhold Social Security tax at 6.2 percent of gross compensation, up to the Social Security Wage Base ($117,000 for 2014).