Damned If You Don't Gordon Randall Garrett. The voltage then depends on the speed at which the armature is driven. Electricity for the farm Frederick Irving Anderson. If he drew 26 amperes, the voltage would fall, at the house, 26 volts. Electricity for the farm Frederick Irving Anderson.
Payroll taxes are comprised of Medicare and Social Security taxes--also withheld from an employee's paycheck. However, the employer also pays payroll taxes to the federal government for these programs (in addition to the amount an employee pays).
Two major taxes that may apply to your business are corporate income taxes and franchise taxes. The difference lies in what exactly is being taxed -- income taxes apply to profit, while franchise taxes do not -- and who's doing the taxing.