How does a payroll accountant keep track of employee's year-to-date earnings for wage bases on taxes like
FICA, FUTA, and SUTA?
A)Form W-2
B)Employee earnings record
C)Form W-4
D)Payroll register

Question

Quizplus · Accepted Answer

The employee earnings record is a detailed document that tracks each employee's year-to-date earnings, deductions, and net pay, which is essential for calculating taxes like FICA, FUTA, and SUTA accurately.

How Does a Payroll Accountant Keep Track of Employee's Year-To-Date