The section covering employee withholding taxes provides detail for social security, medicare, federal, state, local, and other tax amounts. It includes the total withholding tax. The employee voluntary deductions and adjustments segment includes voluntary deductions, reimbursements, other compensation adjustments, and net pay. Data on employer tax expenses provides detail for each type of employer tax, including social security, medicare, federal unemployment insurance, and state unemployment insurance. It provides the total employer tax expense.
Miscellaneous information includes federal tax liability and total compensation amounts.
This report provides the amount of cash that must be present in each payroll or operating account to cover payroll, direct deposit, Taxpay and other obligations. A payroll worksheet to help you gather and organize your payroll information. Use this worksheet to record hours and employee changes each pay period for quick and easy reporting. New Hire Reporting Paychex New Hire Report will help your business stay in compliance by ensuring that all new employees are reported to the proper state agency.