Knowing how to manually calculate Income Tax withholdings is one of the most basic payroll functions, but also one of the most important. You should be able to make these manual calculations so that you can test new payroll systems or updates to your tax tables, or prove to employees that their taxes are being withheld properly.
In this webinar video you’ll learn:
· Reasons to Understand Tax Calculations
· Information Needed for the Calculations
· The Employee Tax Calculation Process
· Computer Calculation