what types of payroll taxes are there
Three main types of taxes fall under the category of payroll taxes: 1  The regular income tax that must be withheld from employees' paychecks. 2  Federal Insurance Contribution Act (FICA) taxes. 3  Federal Unemployment Tax (FUTA, the a stands for the word Act in the original name of the act). 4  State Unemployment Taxes. 5  Local Payroll Taxes.