What payroll taxes can the employer deduct?

Answer The law requires employers to deduct income taxes from employees' wages. The employer is also responsible for submitting the taxes to the government. The withholding amount depends on the type of t... Read More »

Top Q&A For: What payroll taxes can the employer deduct

How do i calculate employer payroll taxes in texas?

State Unemployment TaxFigure Texas unemployment tax based on the annual wage base and the state unemployment tax rate. According to the Texas Workforce, the 2010 taxable wage base is $9,000. The mi... Read More »

Can i deduct my insurance premiums paid to an employer on my taxes?

On One Hand: No You Can'tIn most cases, employee contributions to group health plans are not tax deductible expenses. This is because they are generally bought with pre-tax dollars. In other words,... Read More »

What is the difference between payroll taxes&income taxes?

Payroll taxes and income taxes are two sources of revenue for the government. Payroll taxes are also known as FICA taxes.FunctionPayroll taxes only apply to earned income such as wages, salaries an... Read More »

Payroll Tax & Employer Contribution?

The federal and state governments regulate payroll taxes. Federal payroll taxes are Social Security, Medicare, unemployment and income withholding. State payroll taxes include unemployment, disabil... Read More »