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I'm a employer and i have employees, I pay myself a salary.

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I'm a employer and i...
I'm a employer and i have employees, I pay myself a salary. Do I have to pay employee taxes on myself
Submitted: 1 year ago.Category: Tax
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Answered in 7 minutes by:
3/29/2016
Tax Professional: Tax.appeal.168, Tax Accountant replied 1 year ago
Tax.appeal.168
Tax.appeal.168, Tax Accountant
Category: Tax
Satisfied Customers: 3,858
Experience: 3+ decades of varied tax industry exp. Tax Biz owner
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Yes. Your salary is subject to employment tax withholding like your employees. How else would you pay your share of taxes into the system. You can refer to the following links for more detailed information on employment taxes.

https://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Understanding-Employment-Taxes

http://www.accountingcoach.com/payroll-accounting/explanation/4

Let me know if I can be of further assistance to you regarding this matter. If all is clear, please be so kind as to positively rate my response 3 or more stars so that I may receive credit for assisting you this evening.

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Tax.appeal.168
Tax.appeal.168, Tax Accountant
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