Caitlin Carter operates a health food store, and she has been the only employee. Her business is

Question:

Caitlin Carter operates a health food store, and she has been the only employee. Her business is growing, and she is considering hiring some additional staff to help her in the store. Explain to her the various payroll deductions that she will have to account for, including their potential impact on her financial statements, if she hires additional staff.