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Blog Community is a community service project sponsored by. Basic Payroll and Tax How Does It Work? Accounting, taxes, and the law is usually pretty intimidating for most people. Even business owners get intimidated at the thought of missing something seemingly small, but very important that can have serious consequences if unattended. Payroll is one of the most important combinations of these three items, both for the employer and the employee. For the Employee Payroll is their . One of the main goals o.