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Payroll Register
A document that records detailed information about the compensation paid to employees, including wages, deductions, and net pay.
W-2 Forms
Official tax documents that employers send to employees and the IRS, reporting the employee's annual wages and the amount of taxes withheld from their paycheck.
Employer's Payroll Taxes
Taxes that employers are required to pay on behalf of their employees, including Social Security and Medicare taxes.
FICA-OASDI
Federal Insurance Contributions Act - Old Age, Survivors, and Disability Insurance; a payroll tax that funds Social Security and Medicare in the United States.
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