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Match the terms with the definitions. Transmittal of Wage and Tax Statements Taxes levied on employers at the same rates and on the same
Match the terms with the definitions. Transmittal of Wage and Tax Statements Taxes levied on employers at the same rates and on the same b. employer FICA taxes earnings bases as the employee FICA taxes. -A number that identifies the employer on all payroll forms and reports filed with the IRS. A tax levied on employers to raise funds to administer the federal/state unemployment compensation program. Provides insurance for employees who suffer a job-related illness or injury. A contribution to the FICA program. Employee's Wage and Tax Statement The net income of a trade or business run by an individual. A system to encourage employers to provide regular employment to workers. 0P3 FREE J a. Electronic Federal Tax Payment System (EFTPS) Employer's Quarterly Federal Tax Return A tax levied on employers to raise funds to pay unemployment benefits. An electronic funds transfer system for making federal tax deposits. Employer's Annual Federal Unemployment Tax Return c. Employer Identification Number (EIN) d. Form W-2 e. Form W-3 f. Form 940 & Form 941 h. FUTA (Federal Unemployment Tax Act) tax i experience-rating system j. self-employment income k. self-employment tax 1. SUTA (state unemployment tax) tax m.workers' compensation insurance
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