s, and Disability Insurance (OASDI) Federal Unemployment Tax Act (FUTA) Affordable Care Act (ACA) Tax Cuts and Jobs Act

Q: 2. In the table below, fill in each column. In the FICA tax column, circle who pays the tax. In the…

A: Type of Worker FICA Tax Tax Rate FUTA Tax A) Employer (6.2%+1.45%)=7.65% 6%   Employee…

Q: A new employer will be assigned a SUTA contribution rate: a.  will be different for all new…

A: The correct answer is Option (d).

Q: Issue:  Under the Federal Insurance Contributions Act (FICA) every person is an employer if the…

A: 1) a) Federal Insurance commitments act is a US law that orders charge demand on the pay rates Wages…

Q: Explain The various employee benefits in an organization: 1-Social Security : 2-Workers'…

A: The payments which is made by employers to its employees that are beyond the wages paid. Typically,…

Q: Performs an analysis of the rules and laws that regulate mandatory discounts and payments that…

A: Payroll Rules: According to the FLSA, people who are subject to its provisions must maintain…

Q: 1-Which act sets the minimum wage, and what is the current wage rate?     Under the FLSA , what…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Contracts Act

A: Given: To mention the exceptions to the protection by the act as,   As per rule, allowed to answer…

Q: It is mandatory for both the employer and employee to pay​ ________.

A: Payroll accounting:   The process of payroll accounting includes the computation and payment of…

Q: A variety of SUTA reports need to be filed with respective state governments. Which of the following…

A: Answer: Option c.

Q: What is an employer’s unemployment merit rating? How are these ratings assigned to employers?

A: Human resource management is a concept to help the organization to evaluate the performance of each…

Q: explain how legislated wages in lieu of notice are treated for statutory deduction purposes in all…

A: Wages in lieu of notice represents that the employer pay the amount to the employee in lace of…

Q: Which of the following employers are exempt from the FUTA (Federal Unemployment Tax Act) tax? Group…

A: The Federal Unemployment Tax Act (FUTA) is a legal law that puts a payroll tax on every business…

Q: The Fair Labor Standard Act (FLSA) was passed in 1938 as part of President Roosevelt’s New Deal. The…

A: Under The Fair Labor Standard Act (FLSA): i) Working hour per week = 40 hours ii) Beyond 40 hours =…

Q: 1. What loan from the federal government given to individual states is used to provide unemployment…

A:

Q: Which of the following taxes has a ceiling and is only paid by the employer? Group of answer choices…

A: Income taxes is the amount that is charged by the government on the income earned by an individual…

Q: proper plan

A: The obligation for collecting and remitting withholding taxes to the Internal Revenue Service lies…

Q: The Social Security payroll tax is split equally between the employee and the employer. Would it…

A: Social Security tax is the tax levied on both employers and employees to fund the Social Security…

Q: Explain he basic arrangement in a worker’s compensation scheme. What is meant by ‘exclusive remedy”…

A: Hi, the question has multiple sub-parts and as per our policy, we will answer the first three.…

Q: Employers are required to keep records of all of the following except:  Select one: Personal data…

A: Employer should maintain all the data related to there business activities which helps during the…

Q: Applebaum Security Company is located in State H, which enables employers to reduce their…

A: The experience ration is grounded on the payment made for the state unemployment taxes in accordance…

Q: Which one of the following would be a taxable benefit? (See CRA's Folio S2-F3-C2: Benefits and…

A: The answer for the multiple choice question and relevant explanation are presented hereunder :…

Q: Employer-sponsored Accident and Health Plans, Medical Reimbursement Pland, Long Term  Care Insurance…

A: Employer offers several benefit plans to employees which include group health care plans and…

Q: What are the non-mandarory benefits of employees in the philippines ? and decribe each.

A: The non- monetary benefits refers to any benefits that does not directly put money into the bank…

Q: How is the unemployment merit rating assigned to employers?

A: Unemployment refers to the situation when a person is eligible for employment but he fails to get…

Q: Which of the following types of payment are exempt from unemployment taxable wage base: a.  Standby…

A: The correct answer is option (c).

Q: Which department authorizes changes in employee pay rates?

A: Employee Pay Rate:  Employee pay rate is the amount which is given to the employee against the work…

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 is an employer’s unemployment merit rating

A: Merit rating is a rating or a score given to the employer on the basis of the stability in…

Q: This problem continues the process of preparing the Kipley Company's Employee Payroll Register for…

A: Employee payroll register is a book in which all the records of all the employees for the particular…

Q: The maternity benefit of the female employee under RA 11210, otherwise known as the 105-day Expanded…

A: Under the Expanded Maternity Leave Law RA 11210, the SSS pays to the qualified SSS members : cash…

Q: Use the following tax rates, ceiling and maximum taxes to solve the problem below Employee and…

A: Workings: carson will make $2700 each week. Hourly wage rate= $7.25 OASDI =$127,200.

Q: Prepare journal entry to recognize the transitional effect of adopting revised PAS 19, determine the…

A: Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question…

Q: FRS119 Employee Benefits prescribes the accounting and disclosure requirements by employers for…

A: IFRS:   IFRS stands for International Financial Reporting Standards. These accounting standards are…

Q: Which of the following taxes is paid by the employee and the employer? a.SUTA b.Federal withholding…

A: SUTA: State Unemployment Tax Rate  FUTA: Federal Unemployment Tax Rate  FICA: Federal Insurance…

Q: In 2020, Schedule 1 of Form 1040 is used to report:   a. Capital gains and losses.   b.…

A: Under IRC, Form 1040 is the form which is used for the filing of personal income tax returns. It is…

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: 1. Under individual employee coverage, the worker is covered by the FLSA if: a.the worker is a…

A: The Fair Labor Standards Act (FLSA) is an employment law organization that defines the employer's…

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 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: Imagine you are an employer (an awesome one). When should you recognize short-term employee…

A: Answer-    As per IAS 19, Employee Benefits, Short Term Employees Benefits are recognized when the…

Q: Which of the following departments most likely would approve changes in pay rates and deductions…

A:

Q: Which of the following is not an essential feature of FBT for the FBT year ended 31 March 2020?…

A: A fringe benefit refers to the excess amount paid by the employer over the annual salary or other…