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How do the payrole work?

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  • How do the payrole work?

    I am going on w2 contract with employer. How payroll works?

    these are details that I have.

    billing percentage w/employer : 70-30%
    relocation, Medical, SSN, fed and state tax paid by employee
    what is employer tax? they say 10% from their 30%.
    They hold my H1 and GC.

    How do these(Med,SSN,Fed,State tax, ANY OTHER HIDDEN) numbers work when I charge say $50 on w2.

    thanks in advance,
    immitech

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