Federal Income Tax
no its not paid by employer
No its not refundable- Rafik
Pay As You EarnA tax deducted at source by your employee before you get paid. A way for the government to get their tax without having to demand it.
sales tax sales tax!
In most places yes, although the employee may have to contribute too.
no its not paid by employer
No its not refundable- Rafik
Social Security tax & Medicare tax
Pay As You EarnA tax deducted at source by your employee before you get paid. A way for the government to get their tax without having to demand it.
so next time they don't have to pay it, its paying in advance
Yes, she can. As long as she is actually employed with a contract and is actually working, and you pay the employee tax. Legally speaking.
no only if you want thought
sales tax sales tax!
the only difference between tax paid by buyers and tax paid by sellers is who sends the money to the government. Manga economics student
Employment tax liability refers to the amount of taxes an employer is responsible for paying on behalf of their employees. This includes payroll taxes such as Social Security and Medicare taxes, as well as federal and state income tax withholdings. The employer is responsible for deducting and remitting these taxes from the employee's wages to the tax authorities.
The pretaxing of disability premiums is a decision made by employers when setting up Section 125 benefit plans. There are three possible configurations: pretax only, after tax only, or employee chooses. When the premium is paid pre-tax the benefit becomes taxable when an employee is disabled. The employer and employee would both have a FICA or payroll tax obligation for the benefit paid. The insurance company may issue a 1099 statement for the benefits. There is no Ohio law changing the IRS guidelines on this topic that I am aware of.
For the employee, it's 241.28, and there's a like amount paid by the employer.