News & Events

The payroll tax compliance industry is one of the most complex due to the number of changing regulations and stringent penalties that are assessed. Since 1979 organizations of all sizes have turned to BSI as the recognized authority and thought leader in compliance. Browse the articles below to stay updated about current BSI innovations.

Understanding Penalties for Late Payroll Tax Payments

If you’re an employer juggling a million things, deadlines, employee schedules, bills, and vendors, it’s easy to understand how tax obligations can fall through the cracks. But when it comes to paying payroll taxes, the Internal Revenue Service doesn’t exactly offer a grace period. They want their money, and they want it on time. Penalties […]

Payroll Taxes for Out-of-State Employees: What Employers Need to Know

Hiring out of state employees opens doors. More talent, more flexibility, and sometimes lower costs. But when it comes to payroll taxes, there’s no free lunch. Once an employee works in another state, boom, you’re subject to that state’s tax laws. Sounds complicated? It can be. But with the right tools and a clear understanding […]

What Is FICA Tax? How To Calculate It in 2026

Calculating FICA payroll tax isn’t just a routine task, it’s a critical part of your federal payroll tax obligations. Whether you run payroll weekly or monthly, understanding how FICA is calculated ensures that you’re staying compliant, managing your tax liability, and contributing to programs that matter, like Social Security and Medicare. At BSI, we’ve put […]

Do Nonprofits Pay Payroll Taxes? Rules & Exceptions

Many people assume that because nonprofits are tax-exempt, they don’t have to pay payroll taxes. That’s not true. A nonprofit’s tax-exempt status under section 501(c)(3) only applies to federal corporate income taxes, not to payroll taxes. If a nonprofit organization has employees, it still has to meet nearly all the same employment tax responsibilities as […]

Payroll Tax vs. Income Tax: What Are the Differences?

Taxes are a core part of earning money in the United States. Every time you get paid, part of your paycheck goes toward federal taxes, specifically income tax and payroll taxes. These two types of taxes often get confused, but they serve different purposes and are handled in different ways. Understanding the difference between payroll […]