PDF-2020 Federal and State Payroll Taxes

Federal TaxesFederal Federal Income Tax Employer PaysEmployee PaysUse Tables Wage LimitForm State TaxesUnemployment Insurance Employment Training Tax Insurance Personal Income Tax State Income Tax. . View this slide show with the Notes Page activated. Then use the bar on the right-hand side to scroll down to read more.. . Commonwealth Vernacular/Definitions: . . Agencies: DOA, VRS, DHRM. Michele Honomichl. Executive Chairman & Chief Strategy Officer. Celergo Global Payroll. California Payroll Conference. September 11 and 12, 2014. Introductions. What is a Shadow Payroll?. When do I need a Shadow Payroll?. . WELCOME TO . Wright State University. PAYROLL HOURS, LOCATION AND MAIN NUMBERS. LOCATION: 301D University Hall . HOURS: 8:30 a.m. to 5:00 p.m., Monday through Friday. MAIN PHONE LINE: 937-775-2249. A Tax is required payment to local, state, or national government. Government uses taxes to:. To fund public goods and . services—Taxes are the main sources of income for the government. Most of the Federal Government’s revenues come from your taxes. . Introduction. It has been proven that 18-25 year olds are historically the most likely age group to forfeit their tax refund by not filing a tax return.. What does this mean?. They paid MORE taxes than they needed to and didn’t file to get their money back.. “I want to find out who this FICA guy is and how come he’s taking so much of my money.” . -- Nick Kypreos . Chapter 10. . 10-. 2. LO # 1 Payroll and Form 1040. Withholding taxes are imposed on taxpayers to help fund government operations using a “pay as you go” system. Federal Taxes. 1040. Paying Your Taxes. Do Now. Try to complete form 1040 on your own.. Form 1040 is used to file your return to the IRS. . It reconciliates your tax liability from your actual taxes withheld.. Consumer Math Class. East Jackson High School. 2016. Module 1: . Payroll Taxes and Federal Income Tax Withholding. Introduction. Payroll taxes. include the Social Security tax and the Medicare tax.. . WELCOME TO . Wright State University. PAYROLL HOURS, LOCATION AND MAIN NUMBERS. LOCATION: 301D University Hall . HOURS: 8:30 a.m. to 5:00 p.m., Monday through Friday. MAIN PHONE LINE: 937-775-2249. Objectives. Calculate gross payroll using multiple methods. List and compute withholdings. Compute net pay. Prepare payroll register. Explain distribution methods. Record payroll transactions in the general journal. Fourth Edition. Chapter 11. Payroll Taxes, Deposits, and Reports. Copyright © 2017 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education.. In this Chapter…. We will learn how to prepare a payroll, payroll checks, and the records that must be maintained.. Child Labor Laws. Rules govern the types of jobs youth can hold and the hours of the day they can work……. College Accounting A Contemporary Approach Fourth Edition Chapter 11 Payroll Taxes, Deposits, and Reports Copyright © 2017 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. LO. 1. Analyze a payroll transaction.. LO. 2. Journalize a payroll including employee payroll taxes.. Different Forms of Payroll Information. The total of gross earnings for all employees earning hourly wages, salaries, and commissions is called .