Business, Legal & Accounting Glossary
Payroll tax is the tax paid by the employer on the salary and wages paid to employees. It includes withholding taxes deducted from the worker’s paycheck as well as taxes paid by the employer: employers portion of Social Security and Medicare, federal and state unemployment tax, and in many states workers compensation.
FICA
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This glossary post was last updated: 10th August, 2022 | 0 Views.