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    Employer responsibilities for reporting payroll taxes

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    This solution describes in detail the employer responsibilities for reporting payroll taxes. It also goes on to identify and speak about which forms need to be filed for each tax.

    © BrainMass Inc. brainmass.com October 10, 2019, 1:45 am ad1c9bdddf
    https://brainmass.com/business/accounting/employer-responsibilities-reporting-payroll-taxes-347869

    Solution Preview

    It is essential employers pay employee payroll taxes each pay period. This tax is calculated by the NET PAY formula:

    Employee's gross pay - statutory payroll tax deductions - voluntary payroll deductions = net pay

    Statutory Payroll Tax Deductions are required by law ...

    Solution Summary

    This solution describes in detail the employer responsibilities for reporting payroll taxes. It also goes on to identify and speak about which forms need to be filed for each tax.

    $2.19