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Payroll Taxes

Payroll Taxes spelled out on blocks

Who is Responsible for Unpaid Payroll Taxes?

By Payroll Taxes

When a business employs people, they become responsible for employment taxes in two ways. First, the business must withhold part of an employee’s wages in order to pay income taxes, Social Security taxes, and Medicare taxes. These payroll taxes are referred to as trust fund taxes because the business holds the…

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