Employer Payroll Taxes

Employer payroll taxes are taxes an employer is responsible for paying based on employee wages. They can include the employer share of Social Security and Medicare taxes as well as federal and state unemployment taxes.

Payroll taxes are more than the amounts withheld from an employee’s paycheck. Employers also have their own tax obligations and must calculate, deposit, report, and reconcile those amounts on the required schedule. Rates and requirements can vary by tax and jurisdiction, which makes accurate payroll records and timely filings important.