Are the payroll taxes calculated on the pay stubs accurate?
1.8k views |
Last modified 8/7/2020 11:12:18 AM EST |
Added by 123PayStubs Team
Yes, you can count on us. Be it federal and state taxes, local taxes, social security, or Medicare taxes, our integration with payroll software accurately calculates all these taxes based on Publication 15 of the IRS and state-specific employer guide/handbook recommended by the Department of Revenue.
Please note that to calculate payroll taxes based on employee's W-4 withholdings, you must have opted for the Advanced Fed & State W-4 add-on; else, taxes will be calculated based on the supplemental tax rate. Opting for this add-on will also allow you to choose between 2020 and prior year Form W-4.
We assure you that our computations are accurate and based on federal and state's current payroll laws.