Ask Question
BusinessBusiness
30 April, 20:55

An employer takes a deduction from your paycheck for federal taxes. Where does this money go?

+3
Answers (1)
  1. 30 April, 21:17
    0
    If you're an employee, you're earning a paycheck and you have to pay taxes on your earnings. You'll quickly discover that the salary you've agreed to isn't exactly what you bring home. Taxes, benefits and other deductions are all taken out of your check before you ever see it
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “An employer takes a deduction from your paycheck for federal taxes. Where does this money go? ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
A decedent died on May 31, 2018. On September 1, 2018, the executor sold the decedent's home. The executor elected to use the alternate valuation date. For purposes of valuing the home, which date should be used
Answers (1)
Sebastian plans to open a restaurant but he is unsure about how to attract customers. He hires a consumer researcher to analyze and find his target market.
Answers (1)
If the break-even exchange rate for the Currency Options Contract is 1.46 $/BP, and you believe the exchange rate at the time of the payment would be 1.43 $/BP, should you sign the contract?
Answers (2)
Agriculture in the united states uses about how many times more water than u. s. households? 5 times 10 times 47 times 2 times
Answers (1)
When Dell sells various laptops, it also preinstalls Microsoft Office and other software that customers order at a discount before the laptop is shipped. This is an example of Multiple Choice customary pricing. price lining. product-line pricing.
Answers (1)
New Questions in Business
Nastasha has a gross income of $66,429. she can make adjustments of $14,490 for business losses, $3,584 for business expenses, and $4,813 for contributions to her retirement plan. what is nastasha's adjusted gross income? a. $109,971 b. $22,887 c.
Answers (1)
Debra notes that theo chocolate has started holding its own operations to the same imo standards of fair trade to which it holds its suppliers. this type of sends a powerful message to employees and customers.
Answers (1)
Partners G and H form the GH partnership, with G contributing $200,000 cash and H contributing some land with a basis of $600,000 and a FMV of $900,000, subject to a nonrecourse liability of $700,000.
Answers (1)
Johnson, Inc. a builder enters into an agreement to construct a commercial building in a residential area in violation of zoning laws. Johnson hires a crew of construction workers to build the building.
Answers (1)
What are the limitations of gdp and gnp
Answers (2)
Home » Business » An employer takes a deduction from your paycheck for federal taxes. Where does this money go?
Sign Up Forgot Password?