Phrases with «payroll tax»

A payroll tax is a tax that is deducted from an employee's salary or wages by the employer. It helps fund various government programs or services such as Social Security or Medicare. It is usually a percentage of the employee's income and is paid by both the employee and employer. Full definition

Related phrases

Sentences with «payroll tax»

  • This is particularly true since it counts the employer share of payroll taxes against the individual employee. (politics.stackexchange.com)
  • I will fight for sales and income tax rate reductions, including the complete repeal of the MTA payroll tax for our region. (rocklandtimes.com)
  • So whether your corporation is a C corporation or an S corporation, you'll pay payroll taxes on your salary. (stockmonkeys.com)
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