I know this number includes taxes that are withheld (employee paid) but am not sure if taxes paid by the employer should be added in here?
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You have a choice. The employer portion of payroll taxes (Social Security & Medicare) is typically included under Taxes & Licenses rather than being added to employee wages. But you may combine the two if that treatment makes more sense to you.
You have a choice. The employer portion of payroll taxes (Social Security & Medicare) is typically included under Taxes & Licenses rather than being added to employee wages. But you may combine the two if that treatment makes more sense to you.
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