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The first step in ensuring that a hypothesis is properly formulated and tested is to:
Form 4070
Form 4070 is a tax form used by employees to report tips to their employer, which are then subject to social security and Medicare taxes.
FICA Withholding
Taxes deducted from employees’ paychecks for Social Security and Medicare, based on the Federal Insurance Contributions Act.
Federal Income Tax
The tax levied by the IRS on the annual earnings of individuals, corporations, trusts, and other legal entities.
FUTA Taxes
Federal Unemployment Tax Act (FUTA) taxes are federal employer taxes that contribute to state workforce agencies to fund unemployment benefits.
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