Unformatted text preview: withholdings from gross earnings include federal, state, and local income taxes and FICA (Federal Insurance Contributions Act: social security and medical) taxes, investments in retirement and savings accounts, health-care premiums, union dues, uniforms, alimony, child care, loan payments, stock purchase plans offered by employer, and charitable contributions. The employer payroll taxes include social security and medical taxes (same amount as employees), federal unemployment tax, and state unemployment tax....
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This note was uploaded on 12/25/2011 for the course FIN 3312 taught by Professor Staff during the Spring '08 term at Texas State.
- Spring '08