Meaning of Payroll taxes

How we at Bookkeeping Support Define the Meaning of Payroll taxes:

Payroll taxes, which include Social Security, Medicare, and unemployment taxes, are levied against employers based on the incomes and salaries of their employees.

How AI Define the Meaning of Payroll taxes:

Payroll taxes mean: The average amount of taxes paid by a company on employee wages and salaries, including Social Security and Medicare taxes.

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