She has been in the accounting, audit ... Rather than relying on an employer to withhold their payroll taxes for them, they are responsible for paying their own payroll taxes and making quarterly ...

VioletaStoimenova / Getty Images Payroll taxes are federal and state taxes on the taxable income of employees that employers must withhold from paychecks and pass on to the proper tax authorities.

Knowing this information beforehand helps you better plan your personal or business finances and create a budget that accounts for any tax obligations you may have. You can use our payroll deductions ...