An amount subtracted from an employee's gross pay to reach net pay.

Describes the combined taxes levied for Social Security and Medicare. If any of your current jobs will end before the end of the year. Occurs when wages are made available to an employee, not when they are earned paycheck, direct deposit advice form. Fractions can convert decimal to fraction and fraction to decimal.

An amount subtracted from an employee's gross pay to reach net pay. The total amount received from the employer before any deductions are made. The benefits provided to employees in some form other than cash.

The part of an employee's wages that remains after all deductions have been subtracted. Requires employers to deduct an amount of money that the employee owes, plus any penalties and interest payments, from the employee's wages and remit to the proper government agency.