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12 Cards in this Set
- Front
- Back
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salary |
the money paid for employee services |
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pay period |
the period covered by a salary payment |
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payroll |
the total amount earned by all employee for a pay period |
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total earnings |
the total pay due for a pay period before deduction |
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payroll taxes |
taxes based on the payroll of a business |
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withholding allowance |
a deduction from total earnings for each person legally supported by a taxpayer, including the employee |
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social security |
a federal tax paid for old age, survivors, and disability insurance |
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medicare tax |
a federal tax paid for insurance |
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tax base |
the maximum amount of earnings on which tax is calculated |
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payroll register |
a business form used to record payroll information |
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net pay |
the total paid to an employee after payroll taxes and other deductions |
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employee earning record |
a business form used to record details affecting payment made to an employee |
