As a small business owner, you face various payroll tax obligations that can impact your bottom line. Comprehending what constitutes payroll taxes, the responsibilities you have as an employer, and the deadlines for payments is fundamental. From FICA contributions to unemployment taxes, managing these requirements accurately is vital. Failure to comply could lead to penalties that affect your operations. Let’s explore the specifics of these obligations and how you can guarantee compliance. Key Takeaways Small businesses must collect and remit payroll taxes, including FICA, FUTA, and potentially state unemployment taxes (SUTA). Employers contribute 7.65% for FICA, covering Social Security and…
Author: Staff Writer
If you’ve been an Amazon Prime member at some point in the past several years, you have until Monday to file a claim to be included in a $2.5 billion settlement. Eligible customers could receive up to $51 from a lawsuit brought against Amazon by the Federal Trade Commission regarding allegations the Seattle-based retail giant enrolled millions of customers in Amazon Prime subscriptions without their knowledge or consent and made it difficult to subsequently cancel their subscriptions. As part of Amazon’s settlement with the FTC in September, the company agreed to pay the highest-ever civil penalty of $1 billion and…
The Toronto Tempo arrived in the WNBA this season with record-breaking attendance, a 53-point single-game performance from a star player, and the weight of being the league’s newest franchise. As the season pauses for All-Star Weekend, team president Teresa Resch takes stock of what she’s built, what’s surprised her, and what she’s still figuring out in real time. She talks about running a sports franchise like a startup and how Canada’s complicated political relationship with the U.S. impacts building a fan base from scratch. This is an abridged transcript of an interview from Rapid Response, hosted by former Fast Company…
In most companies, tension between co-founders is treated as a personal issue. It’s uncomfortable, it may affect morale, and in extreme cases, it can become a governance concern, but it is rarely treated as a core business risk. I believe that is a mistake. In high-growth companies, the co-founder relationship is the company’s primary decision-making system. When that system is strained, the organization absorbs it, not just emotionally, but also and perhaps even more importantly—operationally and financially. What follows is a hidden but measurable cost: slower decisions, degraded judgment, disengaged teams, and missed opportunities. And because it rarely appears on…
Today leadership no longer has the allure it once did. In fact, if you get an opportunity for a promotion, there may be good reasons to think it over carefully. Incredibly, only 6% of respondents in a Deloitte survey of 22,500 millennials and Gen Zers across 44 countries aspire to leadership roles. Furthermore, 25% of leaders in a Gartner survey of 3,000 respondents would prefer not to manage people. Perhaps most telling: In a survey of more than 3,000 people by Careerminds, one in three respondents reported turning down a promotion. Regardless of the decision you make about a promotion,…
The claim that the World Economic Forum (WEF) used the COVID-19 pandemic to reverse nationalism that surface in the aftermath of the 2007-2009 Great recession. There is no question that the 2007-2009 Great Recession totally upended the WEF’s agenda of moving toward a one world government. The global fragmentation and nationalist tensions did indeed intensify in the years following the 2008 financial crisis. On the WEF and COVID-19 as a Unifying Force The WEF was highly active during the pandemic, as I have said before, I believe that the COVID-19 Pandemic was orchestrated suggesting it was engineered to…
A former pastor is suing OpenAI over flawed medical advice that its ChatGPT chatbot allegedly gave him in 2025. The lawsuit was filed in San Francisco County Superior Court on Wednesday by Scott Winters, a 55-year-old Florida resident who is represented by the nonprofit Tech Justice Law and other tech-focused legal advocates. According to the suit’s claims, ChatGPT discouraged Winters from seeking medical treatment while he was experiencing symptoms leading up to a pulmonary embolism—a blockage in an artery in the lungs that can be life-threatening. The incident took place last year when Winters, who had been experiencing “recurring dizzy…
A nationwide outbreak of cyclosporiasis linked to lettuce has spread to four additional U.S. states, bringing the total to nine, according to the Centers for Disease Control and Prevention (CDC). The foodborne parasitic illness is characterized by explosive diarrhea. The update was first reported by The Washington Post. Those four new states are Illinois, Kansas, Oklahoma, and Pennsylvania—now joining Indiana, Kentucky, Michigan, Ohio, and West Virginia. As investigators try to connect the dots on what is causing thousands of people to get sick, the clues have led to shredded iceberg lettuce at Taco Bell restaurants, traced back to a Mexican supplier…
From 2001: A Space Odyssey to The Matrix, humans have long been afraid of tech going rogue. As artificial intelligence becomes more and more advanced, those fears have become more tangible—and after OpenAI models hacked into another company’s servers earlier this week, the threat is on everyone’s mind. That’s why two congressmen have crafted a bipartisan bill to keep AI under control. On Thursday, Rep. Ted Lieu (D-CA) and Rep. Nathaniel Moran (R-TX) introduced the “AI Kill Switch Act,” a bill that aims to ensure AI can never get the upper hand on humanity. What would the bill do? The…
Barbie has worn a black-and-white one-piece swimsuit, a pink dress, and a silver space suit—and now, thanks to a new collaboration, she can wear the Reebok Angel Reese 1, too. Mattel unveiled a new doll inspired by professional basketball player Angel Reese, a forward for the WNBA’s Atlanta Dream, featuring a Barbie-pink uniform with the player’s number 5, as well as a miniature pair of pink Reebok Angel Reese 1 sneakers. [Photo: Mattel] “Barbie honors role models who inspire girls to imagine what’s possible,” Nathan Baynard, vice president and global head of Barbie, said on the July 24 announcement. “From…