Payroll and Employee-Related Liabilities
Employer Responsibilities
Payroll liabilities include amounts withheld from employees as well as employer payroll taxes and other obligations. Employers must recognize these liabilities until payments are made to employees, government agencies, or benefit providers.
Note
Amounts withheld from employees belong to taxing authorities or benefit plans and remain liabilities until remitted.
Summary
Payroll liabilities include both employee withholdings and employer payroll obligations.