Accounting 2- 5/24/18

I.  Bellwork  Q&A

  1. Why do employers without income tax from employees paychecks instead on making them responsible for paying the amount?
  2. What are the payroll taxes shared by the employee and employer?

II.  Objectives

  • Determine the meaning of words and phrases as they are used in the module
  • Distinguish between gross and net pay identifying the taxes and deduction involved

III.  Classwork

  • Money Skill  Setup login
  • Lessons:  Federal Income Taxes and other deductions from pay


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