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• Small businesses with 25 employees or less as well as public and non-public schools would be completely exempt from the MTA payroll tax as of January 1, 2012.
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 ...