Ads
related to: 7 11 paycheck stub calculator freepdfsimpli.com has been visited by 100K+ users in the past month
Search results
Results from the Go Local Guru Content Network
For premium support please call: 800-290-4726 more ways to reach us
Paycheck. A paycheck, also spelled paycheque, pay check or pay cheque, is traditionally a paper document (a cheque) issued by an employer to pay an employee for services rendered. In recent times, the physical paycheck has been increasingly replaced by electronic direct deposits to the employee's designated bank account or loaded onto a payroll ...
This brings the total federal payroll tax withholding to 7.65%.) Employers are required to pay an additional equal amount of Medicare taxes, and a 6.2% rate of Social Security taxes. Many states also impose additional taxes that are withheld from wages. Wages are defined somewhat differently for different withholding tax purposes.
Tax withholding, also known as tax retention, pay-as-you-earn tax or tax deduction at source, is income tax paid to the government by the payer of the income rather than by the recipient of the income. The tax is thus withheld or deducted from the income due to the recipient. In most jurisdictions, tax withholding applies to employment income.
For premium support please call: 800-290-4726 more ways to reach us
For premium support please call: 800-290-4726 more ways to reach us
Ads
related to: 7 11 paycheck stub calculator freepdfsimpli.com has been visited by 100K+ users in the past month