1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
MrRissso [65]
2 years ago
6

Money that your employer holds from your paycheck in order to pay the government taxes is called ___________.

Business
1 answer:
Bingel [31]2 years ago
5 0

Money that your employer holds from your paycheck in order to pay the government taxes is called tax withholding. Taxes are necessary payments made by individuals or businesses to a government agency at any level—local, state, federal, or international.

Taxes are borne by whoever bears the cost of the tax in economics. Whether this is the entity being taxed, such as a business, or the final users of the items produced by the business. Taxes should be taken into consideration from an accounting standpoint, including payroll taxes, federal and state income taxes, and sales taxes. In the United States, federal income taxes are collected by the Internal Revenue Service (IRS).

To learn more about taxes, click here.

brainly.com/question/12611692

#SPJ4

You might be interested in
You and the HR manager, along with suggestions from the branch manager, must determine if background checks on all employees are
sergey [27]

Answer:

Terminate his employment

Explanation:

Based on the fact and information, Tibbits should be discharged from employment for his failure to disclose this relevant conviction. As a convicted offender, he is considered in the eyes of the  law to be high-risk and should not be allowed to enter unsuspecting clients’ homes.  It would be the company's liability if he acts non professionally and inappropriately at a jobsite.

7 0
2 years ago
Explain the significance of capital structure.
mojhsa [17]
Capital structure increases the ability of the company to find new wealth- creating investment opportunities.
4 0
3 years ago
Read 2 more answers
The set of activities that relate to the creation of goods and services through the transformation of inputs to outputs is refer
Aleks [24]

Answer: A. Operations management

Explanation:

Operations management are the activities that has to do with the creation of goods and services by transforming them from inputs to outputs.

Marketing are the activities used by a company to promote the sale of a product or service. Finance has to do with management of money and getting of funds.

3 0
3 years ago
Helen taylor works 10 hours a day for 4 days a week, while her colleagues work 8 hours a day for 5 days a week. helen is utilizi
Kipish [7]
<span>Helen taylor works 10 hours a day for 4 days a week, while her colleagues work 8 hours a day for 5 days a week. helen is utilizing a flexible work schedule option known as the compressed workweek.Generally compressed work week means a work course of action where a standard week's worth of work is lessened to less than five days, and employees make up the full number of hours per-week by working longer hours.In some situations Elective work course of action where a standard week's worth of work is lessened to less than five days, and representatives make up the full number of hours per-week by working longer hours.In some situations for meeting deadlines compressed workweek may occur every other week.</span>
8 0
3 years ago
Net income reported on the income statement for the current year was $350,000. Depreciation recorded on plant assets was $26,000
Sonbull [250]

Answer:

$357,500

Explanation:

Cash flow from operating activities on the statement of cash flows:

= Net income + Depreciation Expense - Increase in accounts receivable - Increase in inventory + Decrease in prepaid expense - Decrease in accounts payable

= $350,000 + $26,000 - $3,000 - $5,000 + $2,500 - $13,000

= $357,500

Therefore, the net cash flow from operating activities is $357,500.

6 0
3 years ago
Other questions:
  • Patricia deposited $350 in a savings account with two percent simple interest. If she keeps it in the account for one year, how
    15·1 answer
  • Marci Luner is going over the finances of her clothing boutique firm. If her firm has a net income of​ $131,000 and net sales of
    15·1 answer
  • Sample observations of a claims processor made over a 160-hour work month reveal that the worker produced a total of 384 complet
    6·1 answer
  • Adams Corporation owns and operates two manufacturing facilities, one in State X and the other in State Y. Due to a temporary de
    9·1 answer
  • Information collected from multiple sources such as suppliers, customers, competitors, partners, and industries that analyzes pa
    7·1 answer
  • A company developed the following per-unit standards for its product: 2 pounds of direct materials at $4 per pound. Last month,
    12·1 answer
  • Nikki, the design and development manager at Holden Outerwear, says she likes "taking something everyone does every day and doin
    9·1 answer
  • What did thomas hobbes believe?
    9·2 answers
  • Price rises from $10 to $11, and the quantity demanded falls from 100 units to 95 units. What is the price elasticity of demand
    5·1 answer
  • Sales is one occupation where _________ is not determined by wage or salary limits set by an employer
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!