Payroll Taxes 💰
Channel: BadranTax
Date: 2024-02-09

Payroll taxes are taxes that are deducted from an employee's paycheck by their employer.  The IRS is responsible for collecting and enforcing payroll taxes.  Employers are required to withhold the necessary amount of taxes from each employee's paycheck and remit them to the IRS regularly. The IRS ensures that employers are compliant with their tax obligations and may impose penalties for non-compliance.  Additionally, the IRS is responsible for providing guidance and resources to employers to help them accurately calculate and report payroll taxes.
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