LINGO: Payroll Tax


Lillian Mills explains where the chunk of money missing from your paycheck goes.

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Lillian Mills

Professor, Department of Accounting

Lillian Mills received her BA from the the University of Florida and her Ph.D. from the University of Michigan. Her research interests include...

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Kristen Maxwell

Digital Media Producer, McCombs School of Business

I tell stories with moving pictures and sound. Everything else is just details.


#1 Payroll taxes are the

Payroll taxes are the responsibility of every employer & is one of the important concepts in taxation.The charges paid by the employer usually cover the employer's funding of the social security system.