Payroll Taxes: What Are They and What Do They Fund?
Content Do I have to submit a new W-4 form every quarter? Support Sound Tax Policy What Is the Medicare Payroll Tax? Payroll Taxes: What Are They and What Do They Fund? Taxes and Revenues Self-Employment Taxes Taxes that employers must pay include their share of FICA as well as federal and state unemployment taxes. These taxes are imposed on employers and employees and on various compensation bases and are collected and paid to the taxing jurisdiction by the employers. Most jurisdictions imposin...