Taxes And Businesses Homepage

Small Business Tax Deductions

Business Tax Returns

Business Tax Software

Taxes And Businesses

Business Tax Filing

Business Tax Rate

Business Tax Credits

Self Employment Tax

Online Business Taxes

Business Tax Preparation

Business Tax Deductions

Business Tax Planning

Small Business Taxes

Business Tax Id

Business Tax Help

Home Business Tax

Business Tax Forms

Franchise Tax

Corporate Tax

Small Business Tax Services

Taxes And Businesses Homepage

Powerful taxes and businesses information

Get your biggest tax refund, guaranteed. Plus FREE Expert Tax Advice. Download TurboTax® for Windows now.

Payroll tax and income tax and business tax?

Question: Payroll tax and income tax and business tax?

(Posted by: kntrydr on 2010-03-10 13:34:42)

How much does an employer/ business pay in payroll taxes per $1 spent on payroll. How much does an employer/ business pay in business taxes on March 15th per $1 made (If Business Income is $100, 000). And how much does an individual pay in income taxes on April 15th per $1 made (If income is $100, 000). I forgot to mention in Illinois.


Answers:

Posted by: insha.khan on 2010-03-10, 15:48:08

You would need to give a lot more information to answer this accurately. An employer pays 7.6 cents on the dollar in FICA tax. However, the employer is also liable for state & federal unemployment taxes & the rate on that varies by state. Regarding business taxes, it would depend on what the businesses net profit is. Regarding individual taxes, it would depend on the individual’s filing status, number of dependents claimed, amount of itemized deductions claimed, and a host of other variables.

  

Powered by Yahoo! Answers®


Back to Previous page

Payroll outsourcing. Trusted by over 500K U.S. businesses. Get a free quote at Paychex® today!

Online Tax ID Number Application

Bookmark Taxes And Businesses Homepage

Sitemap | Terms of Use | Privacy Policy | Contact

© copyright 2011-2012 BusinessTaxFiling.net, All Rights Reserved.

Legal Notice: This website is powered by Amazon®, Adsense™, Yahoo!® Answers and Youtube™. All trademarks are copyrighted by their respective owners. Please read our terms of use and privacy policy.