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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.

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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.

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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 ...

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