Posts Tagged ‘Payroll’

What Are All The Income Tax Deductions In A Payroll From Philadelphia Pa?

January 30th, 2010 by admin | 1 Comment | Filed in life logistics

My husband is getting paid $12/hr this payroll gross was $918. The deductions are $278.40 (child support) and all the other taxes deductions. I see everything in order but they started also holding Philadelphia local Income tax for $88.04. I did know about Federal Income tax and PA income tax but this Philadelphia taxes I never herd of them and the withold amount is almost 3 times higher than the PA one. So he is only receiving $ $344.28 this payroll. Is this right?

I just found out that it is possible to get an income tax refund advance which might come in handy because money can be tight these days.

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What Is The Difference Between An Income Tax And A Payroll Tax?

September 5th, 2009 by admin | 1 Comment | Filed in life logistics

What is the difference between an income tax and a payroll tax?
A. Income taxes reduce the demand for harmful goods while payroll taxes don’t affect this demand.
B. Income taxes are collected based on income while payroll taxes are collected based on wealth.
C. Income taxes are used for a wide variety of government activities while payroll taxes pay for specific programs.
D. Income taxes increase the purchasing power of the government while payroll taxes increase the purchasing power of workers.

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