Asked by Rachel Sanchez on Jun 27, 2024
Verified
Which of the following are included in the employer's payroll taxes?
A) SUTA taxes
B) FUTA taxes
C) social security taxes
D) all are included in employer taxes
SUTA Taxes
SUTA Taxes refer to State Unemployment Tax Act taxes, which employers pay to provide unemployment benefits to laid-off workers.
FUTA Taxes
Federal Unemployment Tax Act taxes, which are payroll taxes paid by employers to fund unemployment benefits.
Payroll Taxes
Taxes imposed on employers or employees, and are usually calculated as a percentage of the salaries that employers pay their staff.
- Identify the components included in an employer's payroll taxes.
Verified Answer
ZK
Zybrea KnightJul 03, 2024
Final Answer :
D
Explanation :
All of the listed taxes (SUTA, FUTA, social security) are included in the employer's payroll taxes.
Learning Objectives
- Identify the components included in an employer's payroll taxes.