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Payroll taxes include the employment taxes you and your employees pay for federal and state programs, including Social Security, Medicare, unemployment insurance and disability benefits.
Understand the various types of taxes you need to deposit and report such as, federal income tax, social security and Medicare taxes and Federal Unemployment (FUTA) Tax. Employers must deposit and report employment taxes.
What Are Payroll Taxes? Your employer withholds a portion of each of your paychecks to cover payroll taxes, which support Social Security, Medicare and, in some cases, unemployment benefits.
Payroll taxes are the taxes employers withhold and pay on behalf of employees. Learn how they work and why staying compliant matters with Paychex.
Learn what federal payroll tax rates are and the types of taxes you may have to pay as an employer on the local, federal and state level.
What’s the main difference between employee and employer payroll taxes? Even though payroll taxes are paid by both employers and employees, there’s one major difference. Payroll taxes paid by employees affect employees’ net pay, but payroll taxes paid by employers don’t.
A payroll tax is a percentage withheld from an employee's salary and paid to a government to fund public programs. Learn more about how payroll taxes work.
Employer payroll taxes are taxes incurred when businesses hire people. Some of these taxes are paid by both the employer and the employee; others are paid only by employers. Examples include Social Security tax, Medicare tax and unemployment taxes.
Understand the types of taxes you need to deposit and report: federal income tax, social security and Medicare taxes and federal unemployment tax. If you are self-employed, visit the Self-Employed Individuals Tax Center page for information about your tax obligations.
Find tax withholding information for employees, employers and foreign persons. The withholding calculator can help you figure the right amount of withholdings. For employees, withholding is the amount of federal income tax withheld from your paycheck.