| A | B |
|---|
| salary | The money paid for employee services. |
| pay period | The period covered by a salary payment. |
| payroll | The total amount earned by all employees for a pay period. |
| total earnings | The total due for a pay period before deductions. |
| payroll taxes | Taxes based on the payroll of a business. |
| withholding allowances | A deduction from total earnings for each person legally supported by a taxpayer. |
| Medicare | The federal health insurance program for people who have reached retirement age. |
| FICA tax | A federal tax paid by employees and employers for old-age, survivors, disability, and hospitalization insurance. |
| federal unemployment tax | A federal tax used for state and federal administrative expenses of the unemployment program. |
| state unemployment tax | A state tax used to pay benefits to unemployed workers. |
| payroll register | A business form used to record payroll information. |
| tax base | The maximum amount of earnings on which a tax is calculated. |
| net pay | The total earnings paid to an employee after payroll taxes and other deductions. |
| automatic check deposit | Depositing payroll checks directly to an emplyee's checking or savings account in a specific bank. |
| employee earnings record | A business form used to record details affecting payments made to an employee. |
