Help
Options
Didn't know it?
click below
click below
Knew it?
click below
click below
Don't Know
Remaining cards (0)
Know
retry
shuffle
restart
0:00
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
Payroll
Paying, Recording, and Reporting Payroll and Payroll Taxes
| Question | Answer |
|---|---|
| Federal Tax Deposit Coupon | Form 8109 |
| Employer's Annual Federal Tax Return | Form 944 |
| Wage and Tax Statement | Form W-2 |
| Transmittal of Wage and Tax Statements | Form W-3 |
| Employer's Annual Federal Unemployment Tax Return | Form 940 |
| Taxes are paid to the government of the state in which a business is located and are typically due by the end of the month following each calendar year. | State Unemployment Tax Act (SUTA) |
| A number assigned by the IRS that is used by an employer when recording and paying payroll and incnome taxes. | Employer Identification Number (EIN) |
| The form filled out by an employer to get an EIN. | Form SS-4 |
| A period of time used to determine whether a business should make its Form 941 tax deposits on a monthly or semiweekly basis. | Look-back period |
| Insurance paid, in advance, by an employer to protect its employees against loss due to accidental death or injury incurred during employment. | Workers' Compensation insurance |
| The cost to employers includes the total of the employer's FICA OASDI, FICA Medicare, FUTA, and SUTA taxes. | Payroll Tax Expense |
Created by:
rlively@gntc.edu
Popular Accounting sets