Payroll taxes - components
Answer:
Payroll taxes include Social Security, Medicare, federal and state taxes that are withheld from an employee's check, as well as the taxes which are due by the employer for having employees.
For example, an employer must match the amount of Social Security and Medicare tax withheld and remit those taxes in a timely manner.
For example, an employer must match the amount of Social Security and Medicare tax withheld and remit those taxes in a timely manner.