This 17th century Spanish painter is best known for his portraits of members of the court of the Spanish king. This 19th century Dutch painter was a troubled genius who cut off his own ear in a fit of depression and eventually committed suicide. Starry Night and Sunflowers are two of his best-known paintings.
As an employer, there are a number of federal taxes you need to pay that relate to your employees. As an employer, you not only have to report the taxable income of your business, but there are a number of other federal taxes you need to pay that relate to your employees. This includes federal income tax withholding, Social Security, Medicare and unemployment taxes.
The employer and employee each pay half. (The self-employed pay the full cost of both taxes themselves.). Employers also have to pay a federal unemployment insurance tax of 6.2% on the first $7,000 of each employee's wages.Illinois adds on a state unemployment tax that's currently 3.9% for new companies on the first $12,520 of wages.mployers also have to pay a federal unemployment insurance tax of 6.2% on the first $7,000 of each employee's wages. Illinois adds on a state unemployment tax that's currently 3.9% for new companies on the first $12,520 of wages.