What is Payroll Tax, Anyway? #payroll #humanresourcemanagement #humanresourcetips #employerofrecord

Payroll tax is the money taken out of a worker’s paycheck to cover things like income taxes, Social Security, and Medicare. A business also contributes to Social Security, Medicare, and unemployment insurance for each worker.

It’s essential for keeping your business compliant with tax laws, but it can be tricky to manage.