Employer payroll taxes:
A)represent the federal taxes withheld from the employees' paychecks.
B)are the amounts paid by the employee.
C)are an added payroll expense beyond the wages and salaries earned by employees.
D)represent the FICA taxes withheld from employees' paychecks.

Question

Quizplus · Accepted Answer

Employees & their employers are required to pay FICA taxes.The required contribution is 100% of total employee contributions (called a "matching" contribution).In addition,employers are required by the Federal Unemployment Tax Act (FUTA)and State Unemployment Tax Act (SUTA)to pay unemployment taxes.As a result,employer payroll taxes are the additional payroll costs to the employer over and beyond the wages and salaries earned by employees.

Employer Payroll Taxes