PAYROLL TAXES REVIEW

Any amount withheld from a employee's gross earnings.

• Payroll Taxes

• Payroll Deduction

• Payroll Earnings

• Payroll Allowance

• Payroll Withholding

The payment of an employee's net pay using electronic funds transfer.

• EFT

• Payroll Check

• Wage Check

• Pay Period Check

• Direct Deposit

A fixed annual sum of money divided among equal pay periods.

• Commission

• Wage

• Salary

• Overtime

• Total Earnings

Tags

CCSS.6.RP.A.1

CCSS.6.RP.A.2

A federal tax paid for old-age, survivors, and disability insurance.

• Medicare Tax

• Social Security Tax

• 401(K)

• IRA

• Life Insurance

Taxes based on the payroll of a business.

• Medicare Tax

• Social Security Tax

• Federal Taxes

• State Taxes

• Payroll Taxes

The total earnings paid to an employee after payroll taxes and other deductions.

• Total Pay

• Overtime Pay

• Gross Pay

• Net Pay

• Commission Pay

The number of days or weeks of work covered by an employee's paycheck.

• Once a Month

• Every Other Week

• Every Two Weeks

• Once a Week

• Pay Period

A federal tax paid for hospital insurance.

• Medicare Tax

• Social Security Tax

• Payroll Tax

• State Tax

• Local Tax

A method of paying an employee based on the amount of sales the employee generates.

• Wage

• Salary

• Commission

• Earnings

• Vouchers

A business form used to record details of an employee's earnings and deductions.

• Voucher Chart

• Payroll Register

• Employee Earnings Record

• Spreadsheet

• Payroll Form