With a payroll deduction plan, employers withhold money from an employee's paycheck, most commonly for employee benefits and taxes. It can be voluntary or involuntary.

How does my employer know exactly how much tax to deduct from my paycheck?<P>I am fully aware of the IRS tax tables, however, without doing all the calculating by hand, how does the payroll dept. know ...

Calculating gross wages is the first step to paying employees correctly and keeping accurate payroll records. Learn about the process with this guide. Gross wages sounds like a simple concept. It’s ...