# How do you calculate the employer's portion of payroll taxes?

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The employer portion of the payroll taxes is computed by multiplying the gross wage by the appropriate percentage assigned to that tax. For example, the social security percentage would be 6.2% each for the employer and the employee. Medicare would be 1.45% for each. Your state/county will each have their own percentages. Answer 1. The employer pays one half of the FICA taxes at 7.65% (Medicare is 1.45% - OASDI is 6.2%)
2. The employer pays Federal Unemployment Tax (FUTA) which is calculated at .8% of the first \$7000 of employee wages - works out to \$56 per employee per year if they make over \$7000.00.
3. The employer pays State Unemployment Taxes - rates and amount vary by State. The remaineder of the taxes are withheld from the emplyees paychecks.
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# What portion of the WACC calculation is impacted by taxes?

Answer . The cost of debt is affected by taxes. The debt portion of the WACC is calculated as (total debt / total invested capital)*expected return on debt*(1 - tax rate)

# What is a payroll and how is it calculated?

Payroll In a functional accounting sense, "payroll" consists of an employer's activities related to the compensation it pays to its employees (payroll accounting, payroll tax

# What portion of the WACC calculation is impacted by the marginal taxes?

The WACC is determined from two separate calculations, one based on the cost of equity and the other on the cost of debt. The 'cost of debt' calculation can take into account

# How do I find my employer's Tax ID Number?

If you have a W-2 or 1099 from your employer, it will be on there.

# What are payroll taxes?

The IRS payroll tax can be defined as the tax that an employerneeds to pay, precisely on the salaries disbursed to the employees.Payroll tax levied by the IRS has many compone

# What is payroll tax?

Payroll tax is the tax that is collected from employers to pay forgovernment benefits for their staff. These include programs likeunemployment, disability and social security.

# Meaning of payroll and how is it calculated in payroll?

A payroll is, in layman's terms, the out goings a company has to spend on its staff or human resources. These are often very complicated and difficult to figure out due to fac

# How is payroll calculated?

Payroll is calculated by taking how many hours the employee worked and multiplying it by how much the employee gets paid per hour. Any money being withheld for taxes, insuranc

# What is payroll taxes?

Payroll taxes are the taxes witheld by an employer from an employee's paycheck which covers the appropriate amount of federal and state taxes as well as FICA tax (also known

# How do you calculate payroll taxes?

With a calculator.

# What is a Employer's tax guide?

Here is the federal Employer's Tax Guide: http://www.irs.gov/pub/irs-pdf/p15.pdf Your state may also have a tax guide.

# What it payroll company does not pay payroll taxes?

Has this happened, or are you just curious? By law the payroll service has to pay the taxes to the government, that are with held.

# How are employer's unemployment taxes computed in Nevada?

As of Oct. 2010, employers pay taxes on the first \$26,000 of each employee's wages at the average rate of 1.33%. The rate is adjusted from a low of 1/4 0f 1% (0.25%) to a high

# How do you calculate semi monthly payroll?

If payday is the 5th and the 20th then the pay period should end the 15th and the 31st of the month

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# Where is it possible to find a payroll tax calculator?

Payroll tax calculators help one determine one's take-home income after taxes have been paid. The calculators can frequently be found on government revenue office websites.