| 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 pay due for a pay period before deductions |
| Payroll taxes | Taxes based on the payroll of a business |
| Withholding allowance | A deduction from total earnings for each person legally supported by a taxpayer, including the employee |
| Social security tax | A federal tax paid for old-age, survivors, and disability insurance. |
| Medicare tax | A federal tax paid for hospital insurance |
| Tax base | The maximum amount of earnings on which a tax is calculated |
| Payroll register | A business form used to record payroll information |
| Net pay | The total earnings paid to an employee after payroll taxes and other deductions. |
| Employee earnings record | A business form used to record details affecting payments made to an employee. |
