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  2. Do You Know What’s Being Deducted From Your Paycheck? - AOL

    www.aol.com/finance/know-being-deducted-paycheck...

    Your employer also withholds Social Security and Medicare taxes, known as FICA payroll taxes. Generally, 6.2% of your income is taken out for Social Security taxes and 1.45% is taken out for ...

  3. Employer transportation benefits in the United States - Wikipedia

    en.wikipedia.org/wiki/Employer_transportation...

    An employer in the United States may provide transportation benefits to their employees that are tax free up to a certain limit. Under the U.S. Internal Revenue Code section 132(a), the qualified transportation benefits are one of the eight types of statutory employee benefits (also known as fringe benefits) that are excluded from gross income in calculating federal income tax.

  4. Employee compensation in the United States - Wikipedia

    en.wikipedia.org/wiki/Employee_compensation_in...

    Nominal wages. Adjusted for inflation wages. Employer compensation in the United States refers to the cash compensation and benefits that an employee receives in exchange for the service they perform for their employer. Approximately 93% of the working population in the United States are employees earning a salary or wage.

  5. Tax withholding in the United States - Wikipedia

    en.wikipedia.org/wiki/Tax_withholding_in_the...

    In the US, withholding by employers of tax on wages is required by the federal, most state, and some local governments. Taxes withheld include federal income tax, [3] Social Security and Medicare taxes, [4] state income tax, and certain other levies by a few states. Income tax withheld on wages is based on the amount of wages less an amount for ...

  6. 7 rules for taking a work from home tax deduction [Video] - AOL

    www.aol.com/finance/7-things-know-taking-home...

    1. You can’t claim it if you’re a regular employee, even if your company is requiring you to work from home due to COVID-19. If you’re employed by a company and you work from home, you can ...

  7. Payroll - Wikipedia

    en.wikipedia.org/wiki/Payroll

    Payroll. Handling payroll typically involves sending out payslips to employees. A payroll is a list of employees of a company who are entitled to receive compensation as well as other work benefits, as well as the amounts that each should obtain. [1] Along with the amounts that each employee should receive for time worked or tasks performed ...

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