1. What taxes must the majority of employers withhold from employees paychecks? Do any of these taxes have ceilings? If so, what are the ceiling amounts for 2015?

2. In addition to withholding amounts from an employees paycheck, the company must also pay additional payroll taxes. Assume the business is in Ohio. The employer must match or pay each of the following. Define each and state how much (percentage) must be paid.

Social security

Medicare

Federal unemployment

State unemployment

Workers compensation