subject
Business, 06.10.2019 03:00 emmawytko

Which of the following statements correctly describes the withholding of federal income taxes and social security taxes on tips? a. the withholding of federal income taxes on employees' reported tip income is made from the amount of tips reported by employees. b. tips amounting to $10 or more in a calendar month must be reported by tipped employees to their employers. c. employers do not withhold fica taxes on the tipped employees' reported tip income. d. when employees report taxable tips in connection with employment in which they also receive regular wages, the amount of tax to be withheld on the tips is computed as if the tips were a supplemental wage payment. e. none of these statements are correct.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 13:40
Jung hwa was recently married on july 1, 2018. she had worked for the organization for the past eight years and has been covered under its group healthcare insurance policy during the entire period. when can jung hwa add her new spouse to her insurance plan?
Answers: 1
question
Business, 21.06.2019 19:10
If we know that a firm has a net profit margin of 4.6 %, total asset turnover of 0.62, and a financial leverage multiplier of 1.54, what is its roe? what is the advantage to using the dupont system to calculate roe over the direct calculation of earnings available for common stockholders divided by common stock equity?
Answers: 2
question
Business, 22.06.2019 15:00
Ineed this asap miguel's boss asks him to distribute information to the entire staff about a mandatory meeting. in 1–2 sentences, describe what miguel should do.
Answers: 1
question
Business, 22.06.2019 20:00
An arithmetic progression involves the addition of the same quantity to each number.which might represent the arithmetic growth of agricultural production
Answers: 3
You know the right answer?
Which of the following statements correctly describes the withholding of federal income taxes and so...
Questions
question
Mathematics, 31.03.2021 01:40
question
Mathematics, 31.03.2021 01:40
question
Mathematics, 31.03.2021 01:40