Employer payroll taxes clearly are an insignificant cost of doing business.

Question

Quizplus · Accepted Answer

Employer payroll taxes, such as Social Security and Medicare taxes, can add up to a significant cost for employers. These taxes are typically a percentage of an employee's wages, and the employer is responsible for paying a portion of them. Failure to pay these taxes can result in penalties and legal consequences. Therefore, employer payroll taxes are an important cost to consider when running a business.

Employer Payroll Taxes Clearly Are an Insignificant Cost of Doing