employment tax
Wages-based government charge
Employment tax refers to taxes that arise from the employer-employee relationship, including amounts withheld from wages for income tax and Social Security, plus the employer's matching contributions.
Businesses must collect and remit employment taxes to the government: The IRS audited the company for unpaid employment taxes.
Sometimes called payroll tax.
- Social SecurityFederal old-age insurance program
- federal income taxLevy on earnings nationwide
- FICAFederal wage withholding law
- payroll taxWithholding from worker wages
- MedicareFederal senior health program
form · W-2 form · paycheck · take-home pay · 1099 form · state income tax · payroll deduction · calculator · stub · earned income credit · workers' compensation · adjusted gross income · payroll software · quarterly taxes · tax liability · tax penalties · standard deduction · tax bracket
- Payroll Taxespayroll tax, payroll taxes, Medicare tax, withholding tax, federal withholding
- taxationtax, income tax, sales tax, tax return, tax refund
employment taxcapital gains tax
Levy on asset sale profits
property tax · sales tax · consumption tax · wealth tax · estate tax
employment taxunemployment benefit
Payment to jobless workers
unemployment insurance · wage subsidy · worker's compensation · disability benefit · retirement income
employment, employ, employer, employee, employed, employing, unemployed, unemployment, employable