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Q: Which deductions are typically found in an employee's paycheck?
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Continue Learning about Accounting

What is the meaning of taxable income?

The amount of income subject to income taxes; found by subtracting the appropriate deductions (IRA contributions, alimony payments, unreimbursed business expenses, some capital losses, etc.) from adjusted gross income.


How do you calculate staff turnover as a percentage?

Take the total number of people employed during the year divided by the current number of employees. Subtract 1. Multiply by 100. So if you issued 75 W-2's and had 50 employees: 75/50=1.5, 1.5-1=.5, .5*100=50% turnover. You might need to adjust this calculation for certain factors, such as seasonal employees. If you added 10 people each year for a short period of time, you would want to subtract the seasonal employees before doing the calculation. If you found that you had 12 seasonal people amongst the 75 W-2's, then you had a 20% turnover of seasonal staff.


What does it mean to have sage payroll options?

I have never heard about the Sage payroll options up until now. I have found out that Sage Payroll is the UK's mopst popular way to pay employees which presents a range of more affordable and flexible options.


How much in taxes is owed on a one million dollar foreign raffle draw in Louisiana?

Taxed at your ordinary income rate, which varies person by person, based on other income, deductions, dependents, losses, State rate, city rate, etc., etc. You understand that "winning a foreign lottery" is one of the most common frauds/scams that are found don't you?


How is a Access database file stored?

An Access database file is typically stored similarly to other computer generated files found on the hard drive of a computer. Access database files will have a .mdb or .accmdb file name extension.

Related questions

Where can the best tax deductions be found?

The best tax deductions are anything donated to charities. If you donate clothing to goodwill you can get a tax write off for it. If you donate to a charity you can also get a write off.


What can be found on the Chico News and Review website?

A communications director will typically manage internal communication and craft messages sent to employees. It is vital that internal communications are managed properly because a poorly crafted or managed message could foster distrust or hostility from employees.


Where can a list of tax deductions be found?

Tax deductions are often overlooked, so it is advised that you be careful when dealing with such a matter! The best place to find a list though, would be at city hall or wherever you file your taxes.


Where are earthquakes and volcanoes typically found?

Earhquakes and volcanoes are typically found near the edges of tectonic plates.


Where are tropical rain forest climates typically found?

Where are tropical rain forest climates typically found?


What kind of government is typically found in western Europe?

Representative Democracies are typically found in Western Europe.


Where are tropical rain-forest climate typically found?

Where are tropical rain forest climates typically found?


Is there a website for Publix employees?

I found it!! .publix.com/associate


What does planet fitness pay their employees biweekly or weekly?

When Planet Fitness pay their employees is best found out by asking them.


What kinds of animals are typically found fossilized in amber?

There are so many insects typically found fossilized in amber.


What can you deduct on your tax return?

Go to www.irs.gov and use the search box for Tax Topics - Topic 500 Itemized Deductions The following topics are found in the category of Itemized Deductions. Each topic is followed by a corresponding number. To access your topic, select the three-digit number.http://www.irs.gov/taxtopics/tc500.htmlPublication 529 (2009), Miscellaneous Deductions


Is downloading from OnestopDownloads safe?

Looks like it is a scam. I was asking the same question, and found a reference to unauthorised credit card deductions.