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5 17 7 Liability of Third Parties for Unpaid Employment Taxes Form

5 17 7 Liability of Third Parties for Unpaid Employment Taxes Form

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welcome to county office your ultimate guide to local government services and public records let's get started what is employment tax liability have you ever wondered what happens to the money that gets taken out of your paycheck each month a significant part of it goes towards something called employment tax liability let's break it down when you get paid your employer doesn't just hand you the full amount you earned they withhold some of it for taxes and this is where employment tax liability comes in it's the amount of money that employers owe to various entities including the government because of payroll processing first off there's employee compensation this isn't just your regular wages it also includes things like bonuses and commissions employers have to account for all these when calculating their tax liabilities another part is AC crude paid time off or PTO in some states employers have to pay employees for their unused PTO whe

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