This 17th century Spanish painter is best known for his portraits of members of the court of the Spanish king. This 19th century Dutch painter was a troubled genius who cut off his own ear in a fit of depression and eventually committed suicide. Starry Night and Sunflowers are two of his best-known paintings.
As an employer, there are a number of federal taxes you need to pay that relate to your employees. As an employer, you not only have to report the taxable income of your business, but there are a number of other federal taxes you need to pay that relate to your employees. This includes federal income tax withholding, Social Security, Medicare and unemployment taxes.
U.S. federal payroll taxes include: Federal income tax withholding. Taxes withheld from employee pay for federal income taxes(FIT) owed by the employees. The amount of FIT is determined by information employees provide on Form W-4 at hire.