The Trust Fund portion of payroll taxes is the money that the employer withholds from the employee's paycheck for federal income tax withholding and the employee's share of FICA and Medicare (also referred to as the social security tax) tax payment. The Trust Fund portion does not include the employer's matching portion of the FICA and Medicare payment.
Small Business Owners: How You Can and Must Protect Your Buiness from the IRS If You Have Payroll Tax Problems

Small Business Owners:
How You Can & Must
Protect Your Buiness
from the IRS If You Have
Payroll Tax Problems

Confidential Insider Report: How to End IRS Problems Forever

Confidential Insider
Report: How to End
IRS Problems Forever

What Your Accountant and the IRS Never Told You

What Your
Accountant and the
IRS Never Told You

How to Find the Right Professional to solve your IRS Problem in Virginia

How to Find the
Right Professional
to solve your IRS
Problem in Virginia

Questions and Answers

 


Q: What is the "Trust Fund" portion of payroll taxes?

A: The Trust Fund portion of payroll taxes is the money that the employer withholds from the employee's paycheck for federal income tax withholding and the employee's share of FICA and Medicare (also referred to as the social security tax) tax payment. The Trust Fund portion does not include the employer's matching portion of the FICA and Medicare payment.


Bookmark and Share

©2010 Sodowsky Law Firm, PC, All Rights Reserved, Reproduced with Permission
Attorney website design by Foster Web Marketing, the best attorney website design solution on the Web offering search engine optimization for attorneys, lawyer website design, video for attorneys, and more.
Get SEO Tips from The Attorney Internet Marketing Blog

Served By: A