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[Music] how do you calculate payroll taxes were going to talk all about it in this video hi everyone im hector garcia im a cpa quickbooks consultant and business owner im a big fan of intuit quickbooks and im partnering with them to produce this video series about payroll in fact i have an entire youtube channel where i have tons of videos about quickbooks accounting tax and a bunch of important small business topics hit the like button if youre interested in seeing more videos of these topics today im going to talk about how to calculate payroll taxes now its important to acknowledge that most small business owners use payroll software or outsource their payroll so they dont actually see or have to deal with these calculations in order to generate a proper paycheck however it behooves every small business owner to understand what is happening behind the scenes of the payroll software or service and understand how their wage expenses are distributed and essentially how their e