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 EMPLOYER39S QUARTERLY BTAXb and BWAGE REPORTb PART I Bb 2014-2025

Georgia Department of Labor 2014-2025 Form

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[Music] hello and welcome payroll is an integral part of running most businesses even if it's only for yourself the taxes that go along with payroll may seem a bit complicated so i'll first simplify the concept and then break down into more detail what you're paying for and where your taxes are going if you're one of our payroll clients you will receive a depository totals report along with your payroll this report breaks down your payroll taxes i have created the simplified version of the depository totals report i have substituted figures in the simplified version to make the concepts understandable these are in no way the actual accurate figures which will be used later in this example you are paying your worker 900 for wages as you can see in gross pay however you're cutting up a check of 800 reflected in net pay that is because you are withholding 100 from his paycheck and making a payroll tax payment on his behalf you're also paying

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