How to Calculate Payroll Taxes: A Step-by-Step Guide

Photo credit: designer491 via iStockphoto. Article by Kylie McQuarrie. Tech Republic – September 14, 2023.

Calculating payroll taxes is one of your most important responsibilities as an employer. Learn the basics of calculating payroll by hand.

Calculating your employees’ gross pay is just the first step in the lengthy process of running payroll. Employers must also calculate, withdraw, hold in trust and file payroll taxes, then provide both the IRS and employees with the correct tax-filing paperwork on a regular schedule. Using the right payroll software can dramatically simplify […]

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