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  2. Trump orders more unemployment pay, a payroll tax deferral

    www.aol.com/article/news/2020/08/08/trump-orders...

    Trump said the employee portion of the payroll tax would be deferred from Aug. 1 through the end of the year. The move would not directly aid unemployed workers, who do not pay the tax when they ...

  3. A Guide to Paying Quarterly Taxes - AOL

    www.aol.com/guide-paying-quarterly-taxes...

    As a self-employed individual, you file an annual return but usually pay estimated taxes on a quarterly basis. Quarterly taxes generally fall into two categories: The self-employment tax (Social ...

  4. 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. 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 unaffected by this distinction, and falls largely or ...

  5. Payroll - Wikipedia

    en.wikipedia.org/wiki/Payroll

    A payroll is the list of employees of some company that is entitled to receive payments as well as other work benefits and the amounts that each should receive. Along with the amounts that each employee should receive for time worked or tasks performed, payroll can also refer to a company's records of payments that were previously made to employees, including salaries and wages, bonuses, and ...

  6. Federal Insurance Contributions Act tax - Wikipedia

    en.wikipedia.org/wiki/Federal_Insurance...

    Effective tax rate equals the payroll taxes paid divided by total income. Total income includes traditional measures of income, imputed undistributed corporate profits, nontaxable employee benefits, income of retirees, and nontaxable income. Payroll taxes include employee and employer FICA.

  7. Employee compensation in the United States - Wikipedia

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

    The portion paid by the employees is deducted from their gross pay before federal and state taxes are applied. Some benefits would still be subject to the Federal Insurance Contributions Act tax (FICA), such as 401(k) [24] and 403(b) contributions; however, health premiums, some life premiums, and contributions to flexible spending accounts are ...

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