Information literacy, while showing significant overlap with information technology skills, is a distinct and broader area of competence. Increasingly, information technology skills are interwoven with, and support, information literacy.
The law requires that payroll taxes must be withheld from an employee's paycheck. Learn how to calculate and report deductions. The law requires that payroll taxes must be withheld from an employee's paycheck. 1  Employers must then transmit these withholdings to various tax agencies. Payroll tax deductions include the following: 2  Federal income tax withholding (based on withholding tables in Publication 15)
In addition to federal withholding and Social Security/Medicare deduction payments, you must: 1  Make payments for federal unemployment tax on a regular basis. 2  Make payroll tax deposits to your state, and possibly your locality in addition to federal payroll tax deposits.