define the term- fica tax this is a matching
Define the term- FICA TAX
This is a matching tax paid equally by employee and employer. Two parts-OASDI and HIP. Current rate for OASDI is 6.2% on the first $102,000 earned in a year, and HI rate is 1.45% of all earnings.
Expected delivery within 24 Hours
explain about the payroll registerthis is a summary of gross earnings deductions and net pay for all employees for a specific payroll period register
explain the term- salaries expense and paymentthe accounting entry for employee earnings and deductions employer is the agent who is responsible for
accounting for payroll employer taxes and reportseveryone who works should have a social security number all employers in this country who have at
difference between debit and creditdebit-used to record employers fica taxes state unemployment taxes and federal unemployment taxes incurred
define the term- fica tax this is a matching tax paid equally by employee and employer two parts-oasdi and hip current rate for oasdi is 62 on the
what is federal unemployment taxfederal unemployment tax futa requires the payment of taxes to provide benefits for workers during periods of
state unemployment taxthis is referred to as suta state unemployment tax act the taxes are paid to the state in which employer conducts business this
explain the recording employers payroll taxesdebited to an expense account-payroll tax expensecredited to individual tax payable accountsthese
define the fica tax payable and suta tax payablefica tax payable-oasdi same account is used to record both employees and the employers share credited
1947233
Questions Asked
3,689
Active Tutors
1414021
Questions Answered
Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!
: The National Council for the Social Studies (NCSS) outlines a developmental sequence for social studies-the youngest children learn about their neighborhood
Begin your work by examining each of the following therapeutic approaches and consider the counseling theory that best aligns with each approach:
A counseling center receives a referral for a college student struggling with academic motivation, relationship problems, and anxiety about the future.
Formulate different questions by same topic from the questions below? How might connection to one's culture improve their ability to engage in somatic psycholog
This week, share your thoughts regarding the measurement of behaviors in applied behavior analysis. Identify something in your own life
This week we are examining Counselor Competence and Training. Complete the Self Inventory on page 342. Answer the questions below:
Clinical mental health counseling versus school counseling really brought to light for me how influential professional organizations are on our field.