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by octoberfranklin 2070 days ago
Dude, all employee compensation is deductible.

Payroll is many businesses' main expense.

The company doesn't pay tax on those dollars, but then the employee does.

1 comments

> The company doesn't pay tax on those dollars, but then the employee does.

US payroll taxes are notionally assessed half on the company and half on the employee.

Only up to about $10k/person max payroll tax.
That's payroll tax, not income tax.