0
This agency collects taxes from workers to pay benefits and living expenses for those who become permanetly disabled?
Wiki User
∙ 9y ago
Social Security Administration collects taxes from workers to pay benefits and living expenses for those who became permanently disabled.
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
Which agency collects taxes from workers to pay benefits and living expenses for those who become permanently disabled?
Social Security Administration collects taxes from workers to pay benefits and living expenses for those who became permanently disabled.
Which agency collects taxes from workers pay benefits and living expenses for the dependents and survivors of deceased workers?
The Social Security Administration collects taxes from workers to pay benefits and living expenses for the dependents and survivors of deceased workers.
Does expenSes appear in balance sheet?
It depends on the nature, if expenses are paid and benefits are also rendered then expenses will be shown in income statement, but if benefits not received then it will be shown in balance sheet.
When do assets become expenses?
Assets become expenses when their economic benefits expire.
Which agency collects taxes from workers to pay benefits and living expenses for the dependents and survivors of deceased workers?
The Internal Revenue Service (IRS) is tasked with the responsibility for collecting most federal taxes, including the Social Security taxes. Social Security taxes are deposited into the United States Treasury and credit is given to the appropriate Social Security Trust Fund. The Social Security Administration (SSA) administers the Social Security programs and distributes the benefits to eligible recipients.
The Administration collects taxes from workers to pay benefits and living expenses to persons covered under the program when they retire?
This describes a pay-as-you-go system, where current workers fund benefits for current retirees through taxes. It's commonly used in social security programs.
What is the difference between expenses and expenditure in accounting?
Expenses are those amounts the benefits of which have already taken by company while expenditures are those amounts the benefits of which will be taken in future
Can you count a disabled spouse on a dependent support calculation form?
[This assumes that the question is about calculating ability to pay child support.] It's worth a try, especially if the disabled spouse has extraordinarily high medical expenses.
What are included in expenses?
payroll, sales commissions, employee benefits and pension contributions, transportation and travel, amortization and depreciation, rent, repairs, and taxes are included in an expenses.
What are the benefits of expense tracking software?
There are numerous benefits of the expense tracking software. When this software is used for household budget tracking purpose, it helps to keep track on daily and monthly expenses. When this software is used for projects, it helps to maintain the list of expenses and vendor information.
Can you claim as a dependent a disabled non relative housemate if you paid more that 60 percent of her living expenses?
depends upon the income of the "disabled non-relative housemate" (<$3,700.); citizenship of same; dependent taxpayer test; lived with you ALL year????
What is a workers benefit package?
Additional benefits beside basic remuneration. Examples are medical benefits, pension, company car, moving expenses. Altogether, they form the package.
