Employment Taxes If you have employees, you must withhold various taxes from youremployees' pay. Most employers must withhold their employees' share ofsocial security and Medicare taxes along with state and federal incometaxes. You may also need to pay certain employment taxes from your ownfunds. These include your share of social security and Medicare taxesas an employer along with unemployment taxes. cheap hotels in ValkenburgYou should treat the taxes you withhold from your employees' pay aswages on your tax return. You can deduct the employment taxes you mustpay from your own funds as taxes. Example.You pay your employee $18,000 a year. However, after you withholdvarious taxes, your employee receives $14,500. You also pay anadditional $1,500 in employment taxes. You should deduct the full$18,000 as wages. You can deduct the $1,500 you pay from your ownfunds as taxes. For more information on employment taxes, see Publication 15. Unemployment fund taxes.prenotazioni alberghi RiminiAs an employer, you may have to make payments to a stateunemployment compensation fund or to a state disability benefit fund.Deduct these payments as taxes.