Employers' responsibilities for payroll include:
A)Providing each employee with an annual report of his or her wages subject to FICA and federal income taxes along with the amount of these taxes withheld.
B)Filing Form 941, the Employer's Quarterly Federal Tax Return.
C)Filing Form 940, the Annual Federal Unemployment Tax Return.
D)Maintaining individual earnings records for each employee.
E)All of the choices are correct.

Question

Quizplus · Accepted Answer

Employers' responsibilities for payroll include providing employees with annual reports of wages subject to FICA and federal income taxes along with the taxes withheld, filing Form 941 (the Employer's Quarterly Federal Tax Return), filing Form 940 (the Annual Federal Unemployment Tax Return), and maintaining individual earnings records for each employee. Therefore, all choices are correct.

Employers' Responsibilities for Payroll Include