Debit Payroll tax Expense Credit Payroll tax payable debit Payroll tax payable Credit Cash / bank
form_title=Payroll Tax Preparation form_header=Get help with your payroll tax preparations from the experts. How far in advance do you prepare for your payroll tax? =_ Do you have last year's tax statements?= () Yes () No () Not Sure How many people on currently on your payroll?=_
Federal Withholding Tax
Federal Unemployment TAX (FUTA)
A threshold for a tax payment is a level above which some provision of the tax is applicable. So when you are "over the threshold" you have reached a level where some addtional aspect of payroll tax applies to you.
what does ImpIncHypo mean
Debit Payroll tax Expense Credit Payroll tax payable debit Payroll tax payable Credit Cash / bank
On some California payroll stubs it means California State Tax.
form_title=Payroll Tax Preparation form_header=Get help with your payroll tax preparations from the experts. How far in advance do you prepare for your payroll tax? =_ Do you have last year's tax statements?= () Yes () No () Not Sure How many people on currently on your payroll?=_
Federal Withholding Tax
Federal Unemployment TAX (FUTA)
A threshold for a tax payment is a level above which some provision of the tax is applicable. So when you are "over the threshold" you have reached a level where some addtional aspect of payroll tax applies to you.
fit = F.I.T. = Federal Income Tax
MICA TAX is referred to your Medicare deduction.
State Withholding Tax, which is to pay state taxes
FIT stands for Federal Income Tax. EE stands for employee. So, I assume on a payroll check it means the employee's income tax has been withheld.
Health care is a merit good the U.S. government provides through a payroll tax. Medicaid is paid for by a payroll tax.