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Learn about the various forms and schedules used by the IRS for taxpayers and tax-exempt organizations to report financial information and calculate taxes. Find out the history, purpose, and features of Form 1040, the only form used for personal federal income tax returns since 2018.
Form W-2 is an IRS tax form used to report wages and taxes withheld from employees in the US. Employers must send it to employees and the Social Security Administration by January 31, and employees use it to file their tax returns.
Payroll is a list of employees and their compensation, as well as the records and taxes of payments made to them. Learn about payroll frequency, gross pay, deductions, reimbursements, taxes, and wage garnishments, and how to outsource payroll processing.
Whether you're on the traditional biweekly payroll or among those receiving on-demand pay, these payment schedules are likely to change alongside changes in industry cash flows and accounting ...
Payroll tax is a tax imposed on employers or employees based on their salaries. Learn about the different types, rates, and deductions of payroll tax in various countries, such as Australia, Austria, Bermuda, Brazil, Canada, China, Croatia, and more.
A spreadsheet is a computer application for data computation, organization, analysis and storage in tabular form. Learn about the origins, functions and examples of spreadsheets, as well as their differences from databases and office suites.
Throughput accounting is a management accounting approach that focuses on increasing the rate of throughput, which is the net sales less variable costs, and reducing the investment and operating expense. It is based on the Theory of Constraints and considers the constraints that limit the system performance.
[1] The wage is the monetary measure corresponding to the standard units of working time (or to a standard amount of accomplished work, defined as a piece rate). The earliest such unit of time, still frequently used, is the day of work.
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