RESOURCES
Payroll Tax Chart
Below is a simple chart to help you understand the employee and employer payroll taxes.
2009 Employee and Employer Federal and California Payroll Taxes
**Vary according to employers experience rating
FICA = Social Security Tax
MED/C = Medicare Tax
SDI = State Disability Insurance
FWT = Federal Withholding Tax (determined according to signed W-4)
PIT = State Withholding Tax (determined according to signed W-4)
FUTA = Federal Unemployment Tax
SUI = State Unemployment Tax
ETT = Employee Training Tax
Workers compensation is an employer's expense. It is figured as a percentage of employee gross pay and the type of task the employee is performing. State fund is the most common insurance carrier for workers compensation insurance.
FEATURED TESTIMONIAL
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"We love working with Payroll Solution because we receive consistently excellent, prompt, professional, and accurate service. To us, it makes a difference that we can speak directly with the person who handles our payroll without going through a long convoluted phone tree or elaborate answering system. They guarantee their work, so if a correction is ever required, they will fix it promptly and at no charge. Payroll Solution is friendly, approachable, and available to answer all of our payroll questions. Bottom line, Payroll Solution saves us time and money."
Marini Ballard
President - The Ballard Group, Inc.
