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When a large marketing company contracts with a payroll service to company employee checks for them they are?
Wiki User
∙ 11y ago
outsourcing
Wiki User
∙ 11y ago
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What is payroll expense?
A payroll expense is an expense for an employee of a business. It is what is used to pay the workers in a company or organization.
What are some benefits of using a payroll company?
The benefits of using a payroll company include the fact that payroll companies are on top of the current laws and regulations, and employee taxations are done for you
Where do you deduct payroll taxes on form 1120?
Payroll withholding is NOT an expense to the Company...it is part of payroll that you send to the IRS/State rather than give to the employee...although the cost of it is his salary. Other payroll costs are recorded as what they are..insurance, employee benefits, etc.
Disadvantages of payroll?
The biggest disadvantage of a payroll system is that the employees will have to pay taxes on the income. The company will have to send the employee a tax document for the year so that the employee can accurately file their taxes.
Who is the primary actor in a payroll system employee or the payroll officer?
admin and employee
What are the importance of marketing in rebisco company?
what is the system of payroll
What is payroll expense?
A payroll expense is an expense for an employee of a business. It is what is used to pay the workers in a company or organization.
What would you call someone who works at a construction company that does office work schedules marketing answers calls estimates writes up contracts payroll?
The all round jack of all trades.
What are some benefits of using a payroll company?
The benefits of using a payroll company include the fact that payroll companies are on top of the current laws and regulations, and employee taxations are done for you
What is the practice of negotiating labor contracts that keep unnecessary workers on company's payroll called?
featherbedding
Where do you deduct payroll taxes on form 1120?
Payroll withholding is NOT an expense to the Company...it is part of payroll that you send to the IRS/State rather than give to the employee...although the cost of it is his salary. Other payroll costs are recorded as what they are..insurance, employee benefits, etc.
Disadvantages of payroll?
The biggest disadvantage of a payroll system is that the employees will have to pay taxes on the income. The company will have to send the employee a tax document for the year so that the employee can accurately file their taxes.
What is the practice of negotiating labor contracts that keep unnecessary workers on a company and payroll called?
Collective-bargaining
Who is the primary actor in a payroll system employee or the payroll officer?
admin and employee
Who is active worker?
An active worker is an active employee of a company. The person works a certain amount of hours per week for a company and is on the company's payroll.
Are employers required to withhold payroll taxes for vendors?
A taxpayer only needs to withhold payroll taxes on employees. A vendor would not typically be an employee of the company buying the goods or services.
Employers usually prepare which types of payroll records?
payroll register, employee earnings record, and payroll check
