Payroll Tax Cap – A payroll calendar is the time frame of the pay period and the frequency at which the employees are paid. The most often used payroll schedules include biweekly, semimonthly or weekly, and monthly. Your payroll schedule will be based on certain factors, including your state’s laws and regulations. Many states have minimum requirements for your pay frequency, in which you must adhere to.
How many biweekly paydays are there in 2022?
3 Paycheck Months in 2022 if You’re Paid Every Other Friday
- April and September 2022 will have 3 paychecks if your first paycheck in 2022 starts on Friday on 7th January.
- July and December If your first paycheck of 2022 is on Friday, 14th of January.
How often do you get 27 pay periods in one year?
Biweekly pay periods will only have 27 pay periods every 11 years, while companies with weekly pay periods will only have 53 pay periods every 5-6 years.
When Are the 3 Paycheck Months in 2022?
If your first paycheck of 2022 is Friday, January 7th, your three paycheck months are April and September. If your first paycheck of 2022 is Friday, January 14th, your three paycheck months are July and December.Payroll Tax Cap
3 Paychecks for payday starting on January 7th
3 Paychecks for payday starting on January 14th
Friday Biweekly Paydays in 2022
The table below lists a pay schedule for employees paid every other Friday in 2022, including all biweekly paydays. That equates to twenty-six checks per year. The additional paycheck months you get to love twice a year are highlighted in bold.Payroll Tax Cap
Paycheck Number | First 2022 Paycheck – Friday January 7 | First 2022 Paycheck – Friday January 14 |
---|---|---|
1 | January 7 | January 14 |
2 | January 21 | January 28 |
3 | February 4 | February 11 |
4 | February 18 | February 25 |
5 | March 4 | March 11 |
6 | March 18 | March 25 |
7 | April 1 | April 8 |
8 | April 15 | April 22 |
9 | April 29 | May 6 |
10 | May 13 | May 20 |
11 | May 27 | June 3 |
12 | June 10 | June 17 |
13 | June 24 | July 1 |
14 | July 8 | July 15 |
15 | July 22 | July 29 |
16 | August 5 | August 12 |
17 | August 19 | August 26 |
18 | September 2 | September 9 |
19 | September 16 | September 23 |
20 | September 30 | October 7 |
21 | October 14 | October 21 |
22 | October 28 | November 4 |
23 | November 11 | November 18 |
24 | November 25 | December 2 |
25 | December 9 | December 16 |
26 | December 23 | December 30 |
Get more Information about Payroll Tax Cap from the website collected below.
Removing The Payroll Tax Cap American Thinker
https://www.americanthinker.com/blog/2011/04/removing_the_payroll_tax_cap.html
Payroll Taxes What Are They And What Do They Fund
https://www.pgpf.org/budget-basics/budget-explainer-payroll-taxes
Why Is There A Cap On The FICA Tax Investopedia
https://www.investopedia.com/ask/answers/081514/why-there-cap-federal-insurance-contribution-fica-tax.asp
2022 Federal Amp State Payroll Tax Rates For Employers
https://fitsmallbusiness.com/payroll-tax-rates/
What Impact Would Eliminating The Payroll Cap Have On
https://www.pbs.org/newshour/economy/what-impact-would-eliminating
2021 Wage Cap Rises For Social Security Payroll Taxes
https://www.shrm.org/resourcesandtools/hr-topics/compensation/pages/2021-wage-cap-rises-modestly-for-social-security-payroll-taxes.aspx
Eliminate The Employer Social Security Payroll Tax Cap
https://www.americanprogress.org/article/idea-of-the-day-eliminate-the-employer-social-security-payroll-tax-cap/