 In this presentation, we will take a look at the Employer Taxes Calculation. It's important to keep the difference and distinction between the employer taxes and the employee taxes when considering payroll taxes. This can be difficult because they are related in some ways, there are some taxes that will look much of the same, and because the employer really is the one responsible for actually making the employee pay the employee taxes, meaning the employer is really the one that that is physically conducting the logistics of writing the check or making the payments for the taxes to the Fed and the state, but they're coming out of the employee paycheck. So the employer is still making the payment or physically making the payment but it's being paid by the employee in the case of employee taxes as opposed to the employer taxes where they're where they're not coming out of the paycheck. These are the taxes that are going to be paid for payroll on the basis of payroll earnings but paid out of the employer's wages or the employee's earnings, not wages, the employer's earnings for or profits. So we have here then the OASTI, the HI, the FUTA, and the SUTA. These two look familiar when thinking about the employee e-side because they will be there as well, the OASDI being Social Security, the HI being Medicare. So these are going to be the employer portion of them, however. So these are not the same amounts, these are not, well they'll be the same amount, but they're not the same in that they're going to be twice the amount. We're gonna have to pay it from the employer and this amount isn't coming from the employee check. It will be coming out of the employer checking account. Then we have FUTA, which is an employer only tax. So only the employer is paying FUTA federal unemployment tax. And then we have the state tax. We're not focusing in on the state taxes here mainly, but because SUTA and FUTA are so related, we typically will see SUTA here as well. So FUTA is an employer tax. SUTA is necessary to pay if we're going to get that lower rate for FUTA. SUTA is typically somewhat more standardized from state to state than others taxes because of the link between FUTA and SUTA, but could still vary from place to place and business to business. So if we go through these in a little bit more in depth, we're just going to do the same calculation for OASDI, social security. It'll look the exact same as when we look at the calculation for the employee portion. In other words, we have the employee wages. We're just going to take those wages times the rate 6.2%. Difference here being, however, that this is going to be the same amount, but we're really doubling up the amount that is coming out of the employee check. This part not coming out of the employee check. And that's the other thing to remember. This component will not be paid out of the paycheck, but will be paid by the employer. So we're going to take this 4,062.50 times 6.2 or 0.062, which would be 251.88. Then we'll take this 4,424 times the 6.2%, which would give us the 247.29. Then we'll take the 5,409.50 times the 6.2% to get the 335.39. Finally, the 35,000 times the 6.2%, giving the 2,170 and a total then if we sum these up of 3,131.55. And then we have the H.I. Same idea. This is Medicare and it's the employer portion. So although the calculation will look much the same, this portion of it will not be coming out of employee wages, but out of employer earnings. So we've got the 4,062.50 times the 1.45% or the 0.0145, giving the 58.91. Then we have the 4,424 times the 1.45% or 0.0145, giving 64.15. Then we have the 5,409.50 times the 1.45% or 0.0145, giving the 78.44, then the 35,000 times the same, giving us 507.50, adding those up for a total of 789.99. Then we have the FUTA. The FUTA will be an employer only tax. So it's probably one we don't have as familiar in our mind. So the Federal Unemployment Tax Act, because it's not coming out of the paycheck for one, so we don't may not have as much personal experience. And two, it's a lot smaller. So it's probably not as noticeable as well. It's going to be the 0.6% or 0.006. Much smaller. It is coming out of the employer earnings, not the employee wages. Note that, of course, this 6.6% is linked to the SUTA tax. So this for all practical purposes at this point will typically be the rate used. But when seeing the rate, it'll typically be higher and then reduced if we pay SUTA, which just about every state has implemented. And therefore, we will use the lower rate for FUTA of 0.6%. So the 4062.50 times 0.6%. And remember what 0.6% is. We'll do one calculation in the calculator just to 4062.5 times 0.006. So 0.006. That's what we got there. Then the 4044.24 times 0.6% or 0.006 is 2654. The 5409.50 times 0.6% or 0.006, giving us the 3246 and the 7000 times 0.6% or 0.006 providing $42. If we add these up, then we get to the total of 125.38. Then we have the SUTA. And again, this is a state tax. So it's going to be an employer portion to it and it may just be an employer portion mirroring the FUTA or depending on the state, it may have an employee portion. It also may have a similar cap to it or a different cap depending on the state requirements, but many times it'll follow the same format as FUTA. And they're going to be related remember because we have to have some minimum standard for SUTA if we want to pay the lower rate for FUTA. So here we're just going to take the 4062.50 times the 5.4% or 0.045, which is 219.38. The 4044 times the point of the times the 5.4% providing the 238.90. The 50409.50 times the 5.4% or 292.11 and 8,000 times the 5.4% or 432. Adding these up, summing to 1,182.38. The end.