1) What role does your employer play in payment of your FICA tax (social security & Medicare)?

Q: What are the classifications of individual taxpayers?

A: An entity that is required to pay taxes to state, federal or government municipal body is known as a…

Q: What payroll taxes is the employer responsible for paying?

A: Employer payroll taxes: The taxes which the employer must pay to the employees with their salaries…

Q: can you help me how to Explain how an employer can receive a credit against the FUTA tax due.

A: FUTA stands for Federal Unemployment Tax Act under federal law of US. FUTA tax is paid by the…

Q: Contributions of the employer for the benefit for the benefit of the employee to retirement,…

A: Income tax:    It is the amount a person is liable to pay on the earned amount in an accounting…

Q: What are the Federal Income tax codes and regulations for Inmates ?

A: Federal Income Tax Code Federal income tax code are refer as the tax code of a government documents…

Q: who are benefits or do not benefit from payroll tax deferral?

A:

Q: Who pays the social security taxes that are levied by the Federal Insurance Contributions Act ?

A: Federal Insurance Contract Act (FICA) represents the payroll tax deducted from the employee's gross…

Q: Medical Insurance, a pre-tax deduction? Thank you,

A: Payroll deductions are wages withheld from an employee’s total earnings for the purpose of paying…

Q: Social Security taxes are regressive because :they apply only to rich people.they are applied to…

A: Following is the reason social security taxes are regressive: Because .they are not applied to…

Q: All of the following are employer payroll taxes except. Multiple Choice Social Security tax equal to…

A: Payroll  taxes are those taxes that are deducted  from salary  of employees  unordered to pay social…

Q: How is the unearned income of children treated for tax purposes?  Can parents include the children’s…

A: Unearned income includes investment-type income such as taxable interest, ordinary dividends, and…

Q: Give one example of any retirement plans that individual taxpayers can contribute to towards their…

A: Taxation refers to the imposition of compulsory financial obligations by the government on…

Q: Which of the following taxes would be deducted in determining an employee’s net pay? a. FUTA taxes…

A: Net pay: It can be defined as the amount that is taken by an employee to its home in the form of…

Q: Which of the following is not an employer payroll tax?

A: Federal income tax is the liability of the employee to pay tax on the income and is deductible from…

Q: Which payroll taxes are the employee’s responsibility and which are the employer’s responsibility?

A:

Q: Which of the following would be considered a tax benefit or advantage of a qualified retirement…

A: Answer:   Option 4.

Q: What is the general term that covers social insurance and pension fund payments alone with wages and…

A: Social security schemes, is the term that covers social insurance and pension fund payments alone…

Q: What are the taxes and tax rates for individual taxpayers? Hope you can help me, thank you

A: Taxpayers are referred to as those individuals, or organizations who are obliged to pay the taxes to…

Q: Which of the following payroll related taxes are paid by the employer? Choose the best answer. Group…

A: Social Security Tax and Medicare Tax are taxes that are deducted from employee's salary. There are…

Q: what are the legal provisions related to Taxable Income, Medicare Levy, and Medicare Levy surcharge?

A: Medicare Levy Medicare levy helps in funding the Australia's health system known medicare Medicate…

Q: Qualified pension plans offer important tax benefits. What is the special tax treatment and what…

A: Definition:   Pension plan: It refers to a plan that is formulated to provide earnings to the…

Q: How to calculate taxable social security earnings?

A: Social security:   It is the protection that a society will provide towards individuals and…

Q: Please explain the tax implications of compensation in the form of salary and wages from the…

A: SOLUTION COMPENSATION IN THE FORM OF SALARY AND WAGES : COMPENSATION REFER TO THE CASH PRIZES THAT…

Q: Payroll tax expense related to this employee will be:

A: Income tax refers to the amount paid by an individual or company to the government for financing the…

Q: true or false In most situations, the total Social Security taxes levied on employers will exceed…

A: The Social Security tax rate for both employees and employers is 6.2% of employee compensation (for…

Q: Question 5: Which of the following employee taxes is matched by the employer? Answer: A. State…

A: Introduction:- Payroll taxes are the state and federal taxes. As an employer, are responsible to…

Q: The amount of federal income tax to be withheld from employee's paychecks can be calculated by

A: Federal income tax: It is a tax levied by the IRS on the annual income of the taxpayers such as…

Q: What are tax considerations of household employers

A: Household employee:  He is an individual who is paid to provide a service within their employer’s…

Q: Unions dues, vacation account, 401k, insurance, subtracted from gross pay Options are: personal…

A: Law provides certain deductions that are deducted from the gross pay to achieve net pay.

Q: How are the electronic tax deposits transferred from the employer’s account to the IRS?

A: The employer is having two options for transferring the electronic tax deposit to the internal…

Q: Which of the following is not deducted from an employee’s salary? a. FICA taxes.b. Unemployment…

A: Payroll tax The costs incurred by an employer to pay the employee for his labor, including other…

Q: How is the Self-Employment (SE) tax calculated?  What types of income are subject to the SE tax

A: Self-employment tax is a combination of Social Security and Medicare taxes The self-employment tax…

Q: Explain the tax treatment of provision of accommodation or housing benefit to an employee

A: Income Tax treatment of provision of accommodation or housing benefit to an employee : Employers…

Q: What

A:

Q: Which of the following taxes is both an employee and an employer tax?a.  federal income tax.b.…

A: The correct answer is Option (d).

Q: Which of the following taxes has a ceiling? Choose the best answer. Group of answer choices Both…

A: The following taxes are checked for their correctness to the above-defined concept.

Q: Which of the following is not an employer payroll tax? Multiple Choice Social Security tax equal to…

A: The following are categorized under employer payroll tax, Federal unemployment tax State…

Q: TaxpYer who make after-tax contributions to a qualified employer plan recover their investment cost…

A: Taxation: Taxation refers to the imposition of compulsory financial obligation by the government on…

Q: 1. What is AGI deduction? 2. What are the types of filing status?  3. What are the three general…

A: AGI means Adjusted Gross Income Adjusted gross income is the income which is arrived after deducting…

Q: The maximum amount of self employment income subject to social security (OASDI) tax in 2018 is?

A: Self-employment income: Self-employment income is earned from carrying on a "trade or business" as a…