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Payroll tax liability calculation is dependent on the payroll expenses & the local law for tax.
payroll tax liabilities will include the following:
1.Social Security and Medicare taxes that were to be withheld plus your company's matching of those taxes.
2. State and federal unemployment taxes. ...
3. Check with your city, county, and state for any other payroll taxes.
there is fixed rate of tax put by the authorities have to hold on salaries like social security ,Medicare, federal with holding , that have to be paid as liabilities the next entry will explain
debit credit
wages expense 300
social s payable 3
Medicare payable 1
federal t, with holding 1
cash 295
You have to have the details of salary to paid to employees , If it is India you have to see the basic slab of IT and get the employees preference to save tax by investment and then accumalte the salary after investments and deductions then you have arrive a provisional tax liability.