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Write 200–250 words that respond to the directions below with your thoughts, ideas, and comments. Be substantive and clear, and use examples to reinforce your ideas. Payroll has many different parts.
Write 200–250 words that respond to the directions below with your thoughts, ideas, and comments. Be substantive and clear, and use examples to reinforce your ideas.
Payroll has many different parts. Not only is the employee paying taxes, but the employer is also paying additional payroll taxes. Watch the following short video, think about your paycheck, and answer the following questions.Payroll taxes: Here's a breakdown of what gets taken out of your pay and what you are taxed on
- Compare the difference between your gross pay (the amount you earn) and your net pay (the amount you receive in your paycheck).
- Identify additional employee expenses your employer has that are not deducted from your paycheck.
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