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Payroll Tax
November 24, 2022

Who Pays the Payroll Tax?

Depending on who you talk to, the payroll tax is paid by either the employer or the employee. However, there are many misconceptions out there regarding payroll tax. Here are a few facts you should know about this tax. Social Security Almost all Americans must pay Social Security payroll taxes on the income they earn […]

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who-pays-the-payroll-tax
October 24, 2022

Who Pays the Payroll Tax?

As a former employee, you might have heard about the payroll tax and wondered, “Who pays it?” You pay your employer’s share of Social Security and Medicare as well as your portion. This is because the costs and benefits you receive from your job are higher than your paycheck. However, recently self-employed individuals are also […]

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