Taxes paid by the employer to provide funds for workers who are temporarily out of work are ______________.
What is Unemployment taxes?
DOUBLE JEOPARDY!!!
(Any team may answer, and receive double the amount of points.)
By January 31, employers must provide each employee with a ______ which summarizes the employee's earnings and taxes withheld.
What is a W-2 form?
What is the Federal Unemployment Tax Act?
One example of a voluntary employee deduction is ________.
What is an insurance premium or a savings account?
The expense account used to record employees' earnings is often called ______________.
What is Salary Expense?
An amount of money paid to employees at a specific rate per hour is a _______
What is wage?
The _____________ is a tax that is paid by the employer only.
What is a FUTA?
This tax is paid by both the employee and the employer.
What is FICA tax?
DOUBLE JEOPARDY!!!
(Any team may answer, if they know the answer, and receive double the amount of points.)
The form that employees complete to declare the number of exemptions claimed is a ________
What is a W-4?