How to Calculate Payroll?

Answer It is the responsibility of the employer to accurately calculate payroll for their employees. Errors can result in employees having too much or too little of their pay withheld for taxes, Social Se... Read More »

Top Q&A For: How to Calculate Payroll

How to Calculate Payroll Taxes?

Payroll taxes are made up of Federal and State tax amounts, Social Security amounts and Medicare taxes. Calculating payroll taxes for employees is an important and necessary part of operating a bus... Read More »

How to Calculate Payroll Tax Withholdings?

The federal and state government requires all employers to withhold payroll taxes from employees' income. The Internal Revenue Service administrates federal payroll taxes, including federal income ... Read More »

How do I calculate payroll time?

Hourly EmployeesDetermine hourly pay. For instance, say the employee earns $11/hour, works Monday to Friday, 9 a.m. to 7 p.m., and takes an hour of unpaid lunch each day. Calculation: 9 hours each ... Read More »

How to Calculate Payroll Expenses?

Payroll expenses are a function of employee wages and payroll taxes. There are five main payroll taxes that must be reported and paid either monthly, quarterly or annually, depending on the gross a... Read More »