Taxes and Accounting

Required payroll taxes: What employees and employers pay

For every employee paycheck, your business is required to withhold a combination of taxes.

Published: March 09, 2017
Updated: April 04, 2018

Your staff will tell you, the most important part to being an employer is paying your employees. In this overview, you’ll learn what employees pay and what employers are required to pay when it comes to different tax types, including:

  • Federal and state income taxes

  • Social Security

  • Medicare

  • Federal and state unemployment

  • Various local taxes

To learn what you need to know when it comes to required payroll taxes, click the Download button below for the full Wells Fargo Works for Small Business® guide.

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