Asked by
abigail herrera
on Nov 14, 2024
Verified
Employee payroll deductions include each of the following except
A) federal unemployment taxes.
B) federal income taxes.
C) FICA taxes.
D) insurance pension plans and union dues.
Employee Payroll Deductions
Amounts withheld from an employee's salary for taxes, insurance, and other mandatory or voluntary contributions.
Federal Unemployment Taxes
Taxes paid by employers to the federal government to fund unemployment benefits and job service programs.
Insurance Pension Plans
Retirement plans that combine the benefits of insurance and savings, providing income after retirement through periodic premiums paid during a worker’s employment.
- Acquire knowledge about the different classifications of payroll taxes and discern between the taxes that are the obligation of the employer to pay and those that are withheld from the employee's paycheck.
Verified Answer
JP
Learning Objectives
- Acquire knowledge about the different classifications of payroll taxes and discern between the taxes that are the obligation of the employer to pay and those that are withheld from the employee's paycheck.