Calculating employer taxes is the process of determining and paying the required taxes to the government for each employee’s wages, salaries, bonuses, and benefits. Employers are responsible for withholding these taxes from each paycheck and remitting them to the appropriate government agency on behalf of their staff. The precise amount of taxes owed varies depending on local laws and regulations, but typically includes federal income tax, Medicare and Social Security contributions, state taxes, and any other applicable levies or withholdings. Keeping accurate records and understanding all the rules and regulations associated with employer taxes can be complicated and time-consuming – but it’s essential if you want to run a successful business!