Which taxes do employers match

State unemployment tax rates are issued by each individual state annually. You can look up each state's unemployment tax rate here. Employers must comply with many different types of local payroll taxes. Certain types of local taxes are only imposed on employers doing business in a locality. Check with your local tax department to see whether they collect any additional employer-paid taxes. FAQ What federal, state, and local taxes are employers required to pay?

Payroll Tax What taxes do employers pay? Social Security and Medicare Taxes under the Federal Insurance Contributions Act FICA are composed of the old-age, survivors, and disability insurance taxes, known as social security and the hospital insurance tax, known as Medicare. Local Taxes Employers must comply with many different types of local payroll taxes.

Recommended for you How to do payroll How to start a small business. Part of. Table of Contents Expand. Table of Contents. The Basic Formula for Net Pay. Statutory Payroll Tax Deductions.

Voluntary Payroll Deductions. Employer Responsibilities. Employer Payroll Taxes. FICA Taxes. The Additional Medicare Tax. Reporting Payroll Taxes. By Diana Van Blaricom. Updated on November 30, Article Sources. Part Of. Your Privacy Rights.

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Lawyer Directory. Call us at 1 Home Legal Information Business. What Are Payroll Taxes? Most employers are required to withhold and pay income taxes on behalf of their employees. What would you like to name your LLC? Need time on your business name?

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