Taxes & Deductions
This tax funds Social Security benefits
The document employees use to record hours worked
The law that governs minimum wage, overtime pay, and child labor
What is the FLSA?
The portion of wages left after all deductions
What is net pay?
40 hours x $20/hour
What is $800?
Percentage of wages withheld for Medicare tax (employee portion)
The year the Fair Labor Standards Act (FLSA) was enacted
What is 1938?
This act requires employers to provide unpaid, job-protected leave for certain family and medical reasons
What is FMLA?
Employers often provide these as additional non-wage compensations (examples: health insurance, retirement plans).
What are benefits?
If overtime is time-and-a-half, what is the overtime rate for $18/hour?
What is $27/hour?
The IRS form employees complete to determine tax withholdings
: Federal law requires employers to pay at least this minimum hourly wage (as of 2025).
The agency that enforces wage and hour laws in the U.S.
What is the Department of Labor (DOL)?
Paid time off (PTO) typically covers these three categories
What are vacation, sick, and personal days?
An employee earns $1,000 gross. $200 is withheld for taxes, and $50 for insurance. Net pay = ?
What is $750?
These are pre-tax deductions that lower taxable income (give an example)
What are 401(k) contributions or health insurance premiums
This form is given to employees each January to report annual wages and taxes withheld
What is Form W-2?
Employers must keep payroll records for this minimum number of years
What is 3 years?
This paycheck stub section lists year-to-date earnings and deductions
What is the YTD summary?
An employee earns $52,000 annually. What is their biweekly gross pay (26 pay periods)?
What is $2,000?
Which tax withholding stops any taxes from being withheld?
The deadline for the employer to mail out W2 forms
What is January 31st or If January 31 is on a Saturday, Sunday, or legal holiday, the deadline is extended to the next business day
How many payroll coworkers do we have with both teams combined and excluding Craig
What is eleven?
The previous departmental directors before Craig
Who are Ginger Davis and Patty Kress
The number of biweekly payrolls for payroll A in calendar year 2026.
What is 27?