Payroll taxes are taxes imposed on employers or employees, and are usually calculated as a percentage of the salaries that employers pay their staff. Payroll taxes generally fall into two categories: deductions from an employee’s wages, and taxes paid by the employer based on the employee`s wages. The first kind are taxes that employers are req.... Found on http://en.wikipedia.org/wiki/Payroll_tax
levy imposed on wages and salaries. In contrast to income taxes, payroll taxes do not include income from capital sources such as dividends and ... Found on http://www.britannica.com/eb/a-z/p/31
Payroll tax is a portion of an employee?s wages that is withheld for the purpose of complying with tax laws and contributing to social security and Medicare. In other words, it is the percentage of income an employee must pay to the government for its programs. Found on https://www.myaccountingcourse.com/accounting-dictionary/accounting-diction