Topic: Employer Have to Collect Payroll Taxes
Answers to Common Questions
What Are the Payroll Taxes Paid by the Employer?
Employees pay their share of payroll taxes via paycheck withholding---the employer pays the withheld amounts to the Internal Revenue Service and the respective state agency. The employer pays its share of payroll taxes directly to the agenc... Read More »
Source: http://www.ehow.com/info_8018514_payroll-taxes-paid-employer.html
How to Calculate Employer's Payroll Taxes
One of the most time-consuming tasks for a small-business owner is the calculation of federal payroll taxes. Even after withholding the correct amount from employees' paychecks, employers must pay additional payroll taxes on behalf of their... Read More »
Source: http://www.ehow.com/how_5012997_calculate-employers-payroll-taxes...
How to Estimate Employer Payroll Taxes
Employees are required to deduct and pay payroll taxes, including federal income tax, and Social Security and Medicare (FICA) taxes, and in many cases, state income tax, from each employee's paycheck. But the employer also has to pay its fa... Read More »
Source: http://www.ehow.com/how_6589341_estimate-employer-payroll-taxes.h...
Answers to Other Common Questions
The federal government requires employees to pay their fair share of payroll taxes, including federal income tax, Social Security tax and Medicare tax. The state of Texas is one of the few states that do not charge employees state income ta... Read More »
Source: http://www.ehow.com/how_7383093_calculate-employer-payroll-taxes-...
Self-employment is the fond dream for many. You can set your own hours, manage matters according to your preference and, of course, answer to no one. But when it comes to tax liability, those new to self-employment may be in for a rude awak... Read More »
Source: http://www.ehow.com/how_7707537_calculate-state-payroll-tax-selfe...
The Internal Revenue Service is the statutory agency that administrates federal employment taxes. The employer is responsible for withholding payroll taxes from employees' paychecks, and for paying its own portion of payroll taxes. To help ... Read More »
Source: http://www.ehow.com/about_7444778_key-computing-employer-payroll-...
The Social Security system is self-financing: payroll taxes are collected from workers and used to pay benefits for retirees. Read More »
Source: http://www.chacha.com/question/what-are-payroll-taxes-collected-b...
There is no statute of limitations on collection of CA payroll taxes as of 01/15/08, per EDD. Read More »
Source: http://wiki.answers.com/Q/What_is_the_statute_of_limitations_on_c...
The federal unemployment tax is paid entirely by the employer, being reported annually on a Form 940 filed no later than January 31st. Read More »
Source: http://wiki.answers.com/Q/What_payroll_tax_is_paid_entirely_by_th...
The employer portion of the payroll taxes is computed by multiplying the gross wage by the appropriate percentage assigned to that tax. For example, the social security percentage would be 6.2% each for the employer and the employee. Medica... Read More »
Source: http://wiki.answers.com/Q/How_do_you_calculate_the_employer's_por...
Want A Personal Answer?
1,015,793 people are answering.
About - Privacy - AskEraser - Advertise - Careers - Ask Blog - iPhone - Android - Help - Feedback ©2012 Ask.com