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
1952558
Questions Asked
3,689
Active Tutors
1420703
Questions Answered
Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!
In 250 words, discuss the two theories of the origin of Black English addressed by John McWhorter in this lecture. Which theory does he believe
For this assignment, you will write a paper no less than 7 pages in length, not including the required title and Reference pages, describing a single personalit
What is the role of teachers in helping children and teen's development? What is the influence of peer groups on children and teens?
How was culturally responsive teaching addressed in this lesson? (Be specific in your response. Refer to the CRT reading in Module 1)
What are the key purposes of utilizing logic models in criminal justice? Provide examples to substantiate your rationale.
As a PE teacher you will find yourself challenged by student behavior very often! What are some teaching strategies, routines, and transitions you will implemen
Please provide at least one intervention that is most likely to positively influence the client's adoption of a new healthy behavior.