Bookkeeping

What federal, state, and local taxes are employers required to pay?

Content Domestic Employers Coverage Department of Taxation and Finance What is the difference between payroll tax and income tax? Prior to the enactment in 2017 of the federal Tax Cuts and Jobs Act , most withholding allowances were based on personal exemptions, including those for the employee, spouse and any dependents. The TCJA made significant …

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