{"id":7254,"date":"2023-10-18T16:12:09","date_gmt":"2023-10-18T16:12:09","guid":{"rendered":"https:\/\/cm-edgetun.pages.dev\/en-us\/microsoft-365-life-hacks\/?p=7254"},"modified":"2024-08-27T05:26:07","modified_gmt":"2024-08-27T05:26:07","slug":"ins-and-outs-of-small-business-payroll-taxes","status":"publish","type":"post","link":"https:\/\/cm-edgetun.pages.dev\/en-us\/microsoft-365-life-hacks\/budgeting\/ins-and-outs-of-small-business-payroll-taxes","title":{"rendered":"The ins and outs of small business payroll taxes"},"content":{"rendered":"<div class=\"main-content\" data-grid=\"col-12\">\n<p class=\"c-paragraph-3\">Whenever a pay period rolls around, taxes are deducted from employees and employers\u2019 paychecks. As an employer, you\u2019re responsible for calculating and withholding payroll taxes. Employers may use an automated payroll system to tackle this task. Regardless, it\u2019s important to understand and be able to manage payroll tax calculations to avoid incurring any fines or penalties from the IRS. Learn what payroll taxes are and how to calculate them to effectively manage your responsibilities as a <a href=\"https:\/\/aka.ms\/AAmn1xp\" rel=\"noopener\" target=\"_blank\">small business owner<\/a>.<\/p>\n<\/p><\/div>\n<div class=\"full-bleed-image\">\n        <picture class=\"c-image\"><source srcset=\"https:\/\/m365contenthub.wpengine.com\/en-us\/wp-content\/uploads\/2023\/10\/The-ins-and-outs-of-small-business-payroll-taxes-1600x600-1.jpg\" media=\"(min-width:767px) and (max-width:1600px)\" \/><source srcset=\"https:\/\/m365contenthub.wpengine.com\/en-us\/wp-content\/uploads\/2023\/10\/The-ins-and-outs-of-small-business-payroll-taxes-1600x600-1.jpg\" media=\"(min-width:540px) and (max-width:767px)\" \/><img decoding=\"async\" src=\"https:\/\/m365contenthub.wpengine.com\/en-us\/wp-content\/uploads\/2023\/10\/The-ins-and-outs-of-small-business-payroll-taxes-1600x600-1.jpg\" srcset=\"https:\/\/m365contenthub.wpengine.com\/en-us\/wp-content\/uploads\/2023\/10\/The-ins-and-outs-of-small-business-payroll-taxes-1600x600-1.jpg\" alt=\"A close-up of a check\" \/>\n    <\/picture>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Understand payroll taxes to fulfill your obligations as an employer. Learn what payroll taxes are and how to calculate them.<\/p>\n","protected":false},"author":1,"featured_media":7252,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[3],"tags":[28],"class_list":["post-7254","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-budgeting","tag-budgeting"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.10 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The ins and outs of small business payroll taxes \u2013 Microsoft 365<\/title>\n<meta name=\"description\" content=\"Manage your responsibilities as a small business owner. Learn how you can calculate and withhold payroll taxes to prevent IRS penalties and fines.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"The ins and outs of small business payroll taxes \u2013 Microsoft 365\" \/>\n<meta name=\"twitter:description\" content=\"Manage your responsibilities as a small business owner. Learn how you can calculate and withhold payroll taxes to prevent IRS penalties and fines.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/m365contenthub.wpengine.com\/wp-content\/uploads\/2023\/10\/The-ins-and-outs-of-small-business-payroll-taxes-800x550-1.jpg\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The ins and outs of small business payroll taxes \u2013 Microsoft 365","description":"Manage your responsibilities as a small business owner. 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