Examlex
An action item list refers to an aid to implement a marketing plan that consists of four columns: (1) the task; (2) the person responsible for completing that task; (3) the date to finish the task; and (4)
Form 940
A tax form filed by employers with the IRS to report annual Federal Unemployment Tax Act (FUTA) tax.
Employer's Payroll Tax Expense
Taxes that an employer is responsible for paying on behalf of its employees, such as social security and Medicare taxes.
General Journal Entry
A record in the general journal that documents a business transaction, including the accounts affected and the debit and credit amounts.
Total Deductions
Total deductions refer to the sum of all amounts subtracted from an individual’s gross income or earnings, which can include taxes, social security contributions, and retirement plan contributions.
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