Which of the following taxes does not represent a payroll deduction a company may incur? a....
Question:
Which of the following taxes does not represent a payroll deduction a company may incur?
a. Federal income taxes
b. FICA taxes
c. State unemployment taxes
d. State income taxes
Payroll Taxes:
An employer who employs an employee for receiving services in lieu of salaries is required to deduct taxes from the gross wages of the employee. An employee should pay taxes on the income earned and also an employer should pay taxes to the federal government. Certain taxes are withheld from employees' salaries while certain are the employer's responsibiites.
Answer and Explanation: 1
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Correct answer: Option c) State unemployment taxes.
Explanation:
Payroll deduction by a company related to an employee does not include state...
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What is Payroll Tax? - Definition & Example
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Chapter 6 / Lesson 18
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How does payroll tax work? Learn the payroll tax definition and see the purpose of payroll taxes. See examples of the different types of payroll taxes.
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