is the money you pay your workers tax deductable

  1. profile image49
    mp1107posted 7 years ago

    is the money you pay your workers tax deductable

  2. LillyGrillzit profile image79
    LillyGrillzitposted 7 years ago

    As a prior tax expert, I would highly advise you to hire a bookkeeper or accountant. Not sure if you are in the US or talking about a US tax system, but if you have employees, there is a lot more going on than a simple deduction. There is Social security, medicare, workman's comp, etc. Most of the costs associated with operating a business are deducted from the total income received.

 
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