If the tax base for calculating unemployment taxes is $7,000 and an employee’s accumulated earnings are $6,500.00, and the employee earns another $1,500.00, the amount of new earnings subject to unemployment tax is $1,500.00.

In the journal entry for a payroll, the amount debited to Salary Expense is the total of the Net Pay column of the payroll register.

The timing of payroll tax payments is based on the amount owed.

The transaction to record employer payroll taxes expense is journalized at the end of the quarter.

The employer social security tax rate is different than the employee social security tax rate.

A business deposits the total of gross wages in a separate payroll checking account.

In each pay period, the payroll information for each employee is recorded on his or her employee earnings record.

The payroll register provides all the payroll information needed to prepare a payroll.

Employer payroll taxes are business expenses.

Federal unemployment insurance laws require that employers and employees pay taxes for unemployment compensation.

Each employer is required by law to periodically report the payroll taxes withheld from employee salaries.

Form W-2 reports an employee’s annual earnings and the withholdings for federal income, social security, and Medicare taxes.

The tax base for Medicare tax is the same as the tax base for social security tax.

Some employers must deposit payments for withheld employees’ federal income tax and social security and Medicare taxes on the next banking day.

Until the amounts withheld from employee salaries are paid by the employer, they are recorded as

A state tax used to pay benefits to unemployed workers is

The payment of payroll taxes to the government is referred to as a

The source document for paying state unemployment tax is

The total earnings subject to federal unemployment tax is referred to as

In general, employers are required to pay state unemployment taxes

Each employer must file a _________ federal tax return showing the federal income tax, social security tax, and Medicare tax due the government.

The source document for paying employee income tax and social security and Medicare tax is

Employers are required to furnish each employee with an annual statement of earnings and withholdings before

All the payroll information needed to prepare payroll and tax reports is found on

The payroll journal entry is based on the totals of the payroll register

The Total Earnings column total of a payroll register is journalized as a debit to

The total of the Federal Income Tax column of a payroll register is credited to

The total of the Net Pay column of the payroll register is credited to

When a semimonthly payroll is paid, the credit to Cash is equal to the

Employer payroll taxes are

Payroll taxes that are paid by both the employer and the employee are

An employee's earnings subject to unemployment taxes are referred to a

Each employer who withholds income tax, social security tax, and Medicare tax from employee earnings must furnish each employee an

Each employer is required by law to report payroll taxes on an

The form used to report annual earnings and payroll taxes for all employees to the Social Security Administration is the

Businesses in states with state income tax must prepare additional copies of Form W-2.

When John Butler files his federal income tax return, he must attach Copy A of Form W-2 to his return.

An employer is required to provide employees with a Form W-2 no later than January 31 of the year following the one for which the report has been completed.

If an employee works for several employers during the year, that employee must receive a Form W-2 from each employer.

This Form W-2 would indicate whether Mr. Butler had more than one employer during the year.

All deductions from Mr. Butler's salary for taxes and retirement plan contributions are shown on his Form W-2.

State income tax was withheld from Mr. Butler's salary.

The amount withheld for Mr. Butler's social security and Medicare tax was more than the amount withheld for his federal income tax.

This Form W-2 shows John Butler's net pay for the entire year.

John Butler's total salary is more than his total social security salary.