The Companies are accountable to pay corporate income taxes and employees must pay individual income taxes as per the taxation rules and guidelines.
The taxes refers to cash that a character or a company entity will pay to the authorities. There are diverse schedules of taxation for people and agencies.
Payroll taxes come from the wages, salaries, and hints which can be paid to personnel, and the authorities make use of them to finance Social Security and Medicare.
Hence, The Companies are accountable to pay corporate income taxes and employees must pay individual income taxes as per the taxation rules.
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