Impute

Decoding Payroll Terminology: Understanding ‘Impute’

Unveiling the Meaning of ‘Impute’ in Payroll

What Does Impute Mean in Payroll?

In the realm of payroll, the term ‘impute’ denotes the crucial process through which taxes are withheld subsequent to employees receiving wages or benefits. It is intricately linked with the concept of “Imputed Income.” Understanding this terminology is fundamental in navigating the intricacies of payroll management.

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