Problem
Book: College Accounting: A Practical Approach, Jeffrey Slater, Pearson Publishing, 14th Edition.
A. Explain how FICA (OASDI and HI), FUTA, and SUTA is calculated when preparing payroll. Include how you would account for these taxes.
B. Summary of all the government forms/reports used for payroll described in chapters 7 and 8 and explain their purpose.
C. Google payroll forms and find an additional form or report that is not included in the textbook. Discuss its purpose and requirements.
D. What have you been wondering about relating to the themes in the chapter 7?