InstituteCompensationCompliance and Exceptions (Level 2)Associate Benefits & CompensationCompensationHuman ResourcesEnglishAnalysisFocus AreaTaxes, EmploymentUSA
Taxes, employment
['Compensation']

- Employers must handle withholding, depositing, reporting, and paying employment taxes.
Employers are responsible for several federal, state, and local employment taxes. At the federal level, these include:
- Income tax,
- Social Security and Medicare taxes, and
- Unemployment taxes.
Requirements for employers include withholding, depositing, reporting, and paying employment taxes. There are forms that employers must give to employees, those that employees must give to employers, and those that employers must send to the Internal Revenue Service (IRS) and the Social Security Administration (SSA).