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11 Cards in this Set
- Front
- Back
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Salary
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Money paid for employee services
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Pay Period
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Period covered by a salary payment
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Payroll
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Total amount earned by all employees for a pay period
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Total earning
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Total pay due for a period before deductions
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Payroll taxes
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Taxes based on the payroll of a business
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Witholding allowance
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a deduction from from total earnings for each peron legally supported by a tax payer, including the employees
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Social security tax
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federal tax paid for old-age, survivors, and disability insurance
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Medicare tax
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Federal tax paid for hospital insurance
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Tax base
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Maximum amount of earning in which a tax is calculated
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Payroll register
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a business form used to record payroll information
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Employee earnings record
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Business form used to record details affecting payments made to an employee
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