What are Payroll Taxes? Introduction to Calculating Payroll Taxes with Hector Garcia in 2024

Learn more about how to calculate payroll taxes and stay compliant: http://intuit.me/3uW68gp

In this QuickBooks Payroll tutorial, ‪@HectorGarciaCPA‬ teaches you how to calculate payroll taxes in 2022. Learn how your employees’ paychecks are calculated and your wage expenses are distributed as Hector breaks down federal, state and local taxes. Also, learn how QuickBooks Payroll software can help you automatically make these calculations to avoid unneeded headaches.

In this video:
0:00 Introduction to calculating payroll taxes
1:44 Federal Income Taxes (the IRS)
4:13 State and Local Income Taxes
7:20 Example and breakdown of employee paycheck withholdings

Leave a comment below and let Hector know what other questions you have about calculating payroll taxes in 2022 or any other payroll topics.

Hector Garcia is a CPA (Certified Public Accountant), QuickBooks consultant and business owner. He is also just a big fan of Intuit QuickBooks! He has teamed up with QuickBooks to produce this video series about Payroll.

Disclaimer: This content is for information purposes only and should not be considered legal, accounting or tax advice, or a substitute for obtaining such advice specific to your business. Additional information and exceptions may apply. Applicable laws may vary by state or locality. No assurance is given that the information is comprehensive in its coverage or that it is suitable in dealing with a customer’s particular situation. Intuit Inc. does not have any responsibility for updating or revising any information presented herein. Accordingly, the information provided should not be relied upon as a substitute for independent research. Intuit Inc. does not warrant that the material contained herein will continue to be accurate, nor that it is completely free of errors when published. Readers and viewers should verify statements before relying on them.

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