A workweek for a fulltime employee consists of this many hours
What is 40 hours?
This form is typically filled out by an independent contractor.
What is a 1099?
This payment method goes directly to your bank account from your employer.
What is Direct Deposit?
This is the total percentage of Medicare taxed once annual income has exceeded $200,000 (or $250,000 for couples filing jointly)
What is 2.34%?
The following three items are covered under the FLSA
What is minimum wage, overtime and child labor laws?
Employees receive this form at the end of the fiscal year for tax-filing purposes.
What is a W-2?
These dates reflect the time period that the employee is being paid for.
What is the pay period?
6.2% of your taxable wages is automatically deducted from your paycheck
What is Social Security?
Sally makes $10.00 an hour and worked 50 hours. Her pay for this week would be this.
What is $550.00?
Providing documents and filling out and I-9 serves this purpose.
These four types of pay frequencies are determined by the employer.
What is weekly, biweekly, semimonthly and monthly?
Garnishment, Tax Levy, and Family Support are all examples of this deduction
What is Statutory Post Tax Deductions?