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.
To figure out how much tax to withhold, use the employeeâs Form W-4 and the methods described in Publication 15, Employer's Tax Guide and Publication 15-A, Employer's Supplemental Tax Guide. You must deposit the wages you withhold. See requirements for depositing. For 2013, the employee tax rate for social security increased to 6.2%. The social security wage base limit increased to $113,700.