Why We Have Payroll Tax Deductions

By law, payroll taxes must be withheld from an employee’s paycheck. There are two types of taxes that can be described by the term payroll tax. The statutory and the voluntary. They are both rendered for payroll tax deductions. With statutory payroll tax deductions, amounts are withheld from an employee’s paycheck by their employer. They Read more about Why We Have Payroll Tax Deductions[…]