Payroll Taxes

As the legal, W-2 employer of your contractors, New Source Recruiting’s back office takes on all payroll taxes and responsibilities, including withholding the employee taxes from paychecks, contributing the employer share, and handling all deposits and filings, including:

  • Federal income tax
  • Social Security tax (employee and employer)
  • Medicare tax (employee and employer)
  • Federal unemployment tax
  • State income tax
  • State unemployment tax
  • State disability insurance (if applicable)
  • Workers’ Compensation premiums
  • W-2 forms