Tag: Social Security taxes

Business Law & Regulations, Employment & Labor, Tax Code, Regulations and Guidance

Employer Payroll Taxes: The True Costs of Hiring a New Employee

August 6, 2018

Via: Fit Small Business

Employer payroll taxes are calculated by combining 50 percent of Social Security taxes (12.9 percent of employee wages), 50 percent of Medicare taxes (2.9 percent), and 100 percent of federal and state unemployment taxes. While you can make these calculations […]