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Payroll software handles tax calculations through a variety of features and functions. This may include the ability to automatically calculate payroll work, and taxes based on employee tax status. The software may also track and report day-to-day payroll data, generate tax forms and reports, and integrate with external tax filing systems.

Payroll software simplifies the tax calculation process, reduces errors, and provides greater efficiency in managing payroll operations. It also helps businesses to evolve tax regulations and requirements.

Know more: https://nyggs.com/nyggs/payroll-software/

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