Business payroll taxes are the taxes owed to government authorities for employing people. This includes various taxes such as Social Security, Medicare, and state unemployment. Employers must withhold these taxes from their employees’ paychecks and then remit them to the appropriate authority. Payroll taxes can vary by state, so it’s important to research your state’s specific rules and regulations related to business payroll taxes. Failing to comply with these regulations can lead to serious financial penalties and other legal repercussions, so it’s essential to make sure you understand your obligations and follow them closely.