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2. Payroll tax - Wikipedia

   en.wikipedia.org/wiki/Payroll_tax

   Payroll taxes are taxes imposed on employers or employees, and are usually calculated as a percentage of the salaries that employers pay their employees. [1] By law, some payroll taxes are the responsibility of the employee and others fall on the employer, but almost all economists agree that the true economic incidence of a payroll tax is ...

3. Form W-4 - Wikipedia

   en.wikipedia.org/wiki/Form_W-4

   Form W-4, 2012. Form W-4 (officially, the " Employee's Withholding Allowance Certificate ") [1] is an Internal Revenue Service (IRS) tax form completed by an employee in the United States to indicate his or her tax situation (exemptions, status, etc.) to the employer. The W-4 form tells the employer the correct amount of federal tax to withhold ...

4. History of taxation in the United States - Wikipedia

   en.wikipedia.org/wiki/History_of_taxation_in_the...

   Congress enacted an income tax in October 1913 as part of the Revenue Act of 1913, levying a 1% tax on net personal incomes above $3,000, with a 6% surtax on incomes above $500,000. By 1918, the top rate of the income tax was increased to 77% (on income over $1,000,000, equivalent of $16,717,815 in 2018 dollars [24]). The average rate for the ...

5. 4 Things To Know About Tax Withholdings From Your Paycheck in ...

   www.aol.com/finance/4-things-know-tax...

   In the meantime, the IRS uses your tax withholdings to pay its bills and maintain its operations before paying you back. Every extra dollar your employer withholds from your check is a dollar that ...

6. FICA Tax Changes for 2021 — How Will Your Paycheck Change?

   www.aol.com/fica-tax-changes-2021-paycheck...

   The Social Security taxable wage base (noted as OASDI on your paycheck, which stands for Old Age, Survivors and Disability Insurance) has increased from $137,700 in 2020 to $142,800 in 2021. That ...

7. The Perfect Paycheck Deduction To Break Even on Taxes - AOL

   www.aol.com/finance/perfect-paycheck-deduction...

   In America, you're required to pay taxes as you earn income throughout the year. The self-employed have to make estimated quarterly payments directly to the IRS. W-2 wage earners, on the other ...