payroll taxes
fica
A taxpayer only needs to withhold payroll taxes on employees. A vendor would not typically be an employee of the company buying the goods or services.
Some of the benefits for outsourcing payroll is that the company is able to save costs on paying through an outside source, as opposed to paying all the taxes that come with direct payment.
W2 is an Tax term of USA. where Employers will be paying the taxes of their Employees.
payroll taxes
fica
Payroll taxes on employers and employees.
Yes, only the employers and not the employees. However, there are classes of employers not subject to payroll taxes if they employ independent contractors, or some seasonal work, etc. Each state decides its own classification.
No; Medicare is paid for by payroll taxes and employers and employees.
A taxpayer only needs to withhold payroll taxes on employees. A vendor would not typically be an employee of the company buying the goods or services.
This question can not be answered. You will have to give me more information.
Yes, if you had previous employers that did pay their payroll taxes. The states allow certain classes of employers from paying into the system by employing "independent contractors" or commission-only people. There's a crackdown now underway against employers who are re-classifying their workers to avoid compliance.
Some of the benefits for outsourcing payroll is that the company is able to save costs on paying through an outside source, as opposed to paying all the taxes that come with direct payment.
W2 is an Tax term of USA. where Employers will be paying the taxes of their Employees.
Your benefits will be reduced, but by how much depends on the state you work in.
The taxes paid to the state by the business (for the purpose of the state paying unemployment claims) through their payroll taxes are determined by the state collecting them.