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The descriptions on the taxes section of a sample paycheck are examples of b. payroll taxes.
What is a payroll tax?
A payroll tax is a form of income tax, which is directly deducted from the earnings of employees before being remitted to the Internal Revenue Service (IRS).
Generally, the types of taxes are income taxes, sales taxes, property taxes, and excise taxes.
Income taxes can be subdivided into:
- Income from work and homeownership
- Financial interests in a company
- Savings and investments
- Corporate income taxes.
The descriptions on the taxes section of a sample paycheck are examples of b. payroll taxes.
Learn more about payroll taxes at https://brainly.com/question/1445562
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