Payroll taxes

From Conservapedia
This is an old revision of this page, as edited by CPalmer (Talk | contribs) at 08:01, 16 November 2011. It may differ significantly from current revision.

Jump to: navigation, search

Payroll taxes are the state and federal taxes that employers must withhold and/or to pay on behalf of employees. Employers withhold state and federal income taxes as well as Social Security and Medicare taxes from the employees' wages. Employers are also required to pay a matching amount of Social Security and Medicare taxes for each employee and to pay state and federal unemployment tax.