Glencoe AccountingChapter 12: Payroll AccountingWorking in the Real WorldWhen a business employs workers, it not only pays employee wages, but must also withhold certain taxes from paychecks. The business too must pay taxes related to its payroll costs. If you are not sure how this works, the IRS site for payroll accounting (www.irs.gov/businesses/small/article/0,,id=98858,00.html) has the answers. |  |
