A | B |
The money paid for employee services. | salary |
The period covered by a salary payment. | pay period |
The total amount earned by all employees for a pay period. | payroll |
The total pay due for a pay period before deductions. | total earnings |
Taxes based on the payroll of a business. | payroll taxes |
A deduction from total earnings for each person ledgally supported by a taxpayer, including the employee. | withholding allowance |
A federal tax paid for old-age, survivors, and disability insurance. | social security tax |
A federal tax paid for hospital insurance. | Medicare Tax |
The maximum amount of earnings on which a tax is calculated. | tax base |
A business form used to record payroll information. | payroll register |
The total earnings paid to an employee after payroll taxes and other deductions. | net pay |
A business form used to record details affecting payments made to an employee. | employee earnings record |