Payroll Taxes
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Description
Taxes levied on an employer based on the amount of wages and salaries being paid to employees during the period. The include the employer's share of Social Security and medical care taxes, unemployment taxes, and (though not called a "tax") workers' compensation premiums.
Concept Prerequisite
Wikipedia Reference
http://en.wikipedia.org/wiki/Payroll taxes
Learning Material
Covered in Topic(s)
| Liabilities |