HEALTHSAVINGSACCOUNT(HSA)HSA PLANSUNUSED FUNDSROLL OVEREACH YEAR ANDCONTINUE TOGROW WITHACCOUNT.WAGEBRACKET ANDPRECENTAGEMETHODTWO WAYS TOCALCULATEFEDERALINCOMETAXESPAYROLLREGISTERINTERNAL TOOLUSED TOENSUREACCURACY OFEMPLOYEECOMPENSATION$2000.00AMOUNT TOCLAIM FOREACHDEPENDENTUNDER 17YEARS OF AGECAFETERIAPLANS“SECTION 125”PLANS USUALLYPRE-TAX TO MAKEEMPLOYER-SPONSOREDBENEFITS MOREAFFORDABLE FOREMPLOYEES.PAYRATEAMOUNT PERHOUREMPLOYEESRECEIVE FORTHEIR LABOR BALANCESHEETREPORTCONTAINSASSESTS ANDLIABILITIES OFA BUSINESS ONA SINGLE DATEFLEXIBLESPENDINGARRANGEMENT(FSA)FSA ANYUNUSED FUNDSAT END OF THEPLAN YEAR MAYNOT BEACCESSEDAFTERWARD.EINEMPLOYERIDENTIFICATIONNUMBERS: THEWAY THE FEDERALGOVERNMENTKEEPS TRACK OFEMPLOYER HUNDREDTHHOURSYSTEMNUMBER OFMINUTES INPARTIAL HOURDIVIDED BY 60MINUTES PERHOURSEMIMONTHLY24 PAYDISBURSEMENTFOR A YEAR FRINGEBENEFITSCOMPENSATIONTHATEMPL0YERS USETO REWARD ANEMPLOYEE FORCOMPANYSERVICE.FUTA6.0% OF 1ST$7,000 OF ANEMPLOYEESWAGES DURINGCALENDARYEAR6.2%SOCIALSECURITYTAX ON FIRST$160,200 OFWAGESEARNEDBI-WEEKLYTWO-WEEKPERIODRECEIVES 26PAYDISBURSEMENTFOR A YEAR SUTARATES ANDWAGEBASE VARYBETWEENSTATES.INCOMESTATEMENTREPORTS ALLREVENUE ANDEXPENSESFOR ASPECIFIC TIMEPERIODACCOUNTINGEQUATIONASSESTS=LIABILITIES+ OWNERS EQUITYPUBLICATION15 TIRSPUBLICATIONFOR INCOMETAXCALCULATIONSFORM941EMPLOYERSUSE THIS FORMTO REPORTQUARTERLYTAXESDEPOSITED ANDTAXES DUEIRCAIMMIGRATIONREFORM ANDCONTROL ACT OF1986: REQUIRESEMPLOYERS TOVERIFY THEEMPLOYEE’S LEGALRIGHT TO WORK INUNITED STATES.QUARTER-HOURSYSTEM8hr 6 min =8 hours8hr 9 mins =8.25 hours401KEXCLUDED FROMFEDERAL TAX BUTARE SUBJECT TOSOCIAL SECURITYAND MEDICARETAXES.1.45%MEDICARETAX ONWAGESEARNED.HEALTHSAVINGSACCOUNT(HSA)HSA PLANSUNUSED FUNDSROLL OVEREACH YEAR ANDCONTINUE TOGROW WITHACCOUNT.WAGEBRACKET ANDPRECENTAGEMETHODTWO WAYS TOCALCULATEFEDERALINCOMETAXESPAYROLLREGISTERINTERNAL TOOLUSED TOENSUREACCURACY OFEMPLOYEECOMPENSATION$2000.00AMOUNT TOCLAIM FOREACHDEPENDENTUNDER 17YEARS OF AGECAFETERIAPLANS“SECTION 125”PLANS USUALLYPRE-TAX TO MAKEEMPLOYER-SPONSOREDBENEFITS MOREAFFORDABLE FOREMPLOYEES.PAYRATEAMOUNT PERHOUREMPLOYEESRECEIVE FORTHEIR LABOR BALANCESHEETREPORTCONTAINSASSESTS ANDLIABILITIES OFA BUSINESS ONA SINGLE DATEFLEXIBLESPENDINGARRANGEMENT(FSA)FSA ANYUNUSED FUNDSAT END OF THEPLAN YEAR MAYNOT BEACCESSEDAFTERWARD.EINEMPLOYERIDENTIFICATIONNUMBERS: THEWAY THE FEDERALGOVERNMENTKEEPS TRACK OFEMPLOYER HUNDREDTHHOURSYSTEMNUMBER OFMINUTES INPARTIAL HOURDIVIDED BY 60MINUTES PERHOURSEMIMONTHLY24 PAYDISBURSEMENTFOR A YEAR FRINGEBENEFITSCOMPENSATIONTHATEMPL0YERS USETO REWARD ANEMPLOYEE FORCOMPANYSERVICE.FUTA6.0% OF 1ST$7,000 OF ANEMPLOYEESWAGES DURINGCALENDARYEAR6.2%SOCIALSECURITYTAX ON FIRST$160,200 OFWAGESEARNEDBI-WEEKLYTWO-WEEKPERIODRECEIVES 26PAYDISBURSEMENTFOR A YEAR SUTARATES ANDWAGEBASE VARYBETWEENSTATES.INCOMESTATEMENTREPORTS ALLREVENUE ANDEXPENSESFOR ASPECIFIC TIMEPERIODACCOUNTINGEQUATIONASSESTS=LIABILITIES+ OWNERS EQUITYPUBLICATION15 TIRSPUBLICATIONFOR INCOMETAXCALCULATIONSFORM941EMPLOYERSUSE THIS FORMTO REPORTQUARTERLYTAXESDEPOSITED ANDTAXES DUEIRCAIMMIGRATIONREFORM ANDCONTROL ACT OF1986: REQUIRESEMPLOYERS TOVERIFY THEEMPLOYEE’S LEGALRIGHT TO WORK INUNITED STATES.QUARTER-HOURSYSTEM8hr 6 min =8 hours8hr 9 mins =8.25 hours401KEXCLUDED FROMFEDERAL TAX BUTARE SUBJECT TOSOCIAL SECURITYAND MEDICARETAXES.1.45%MEDICARETAX ONWAGESEARNED.

PAYROLL BINGO - Call List

(Print) Use this randomly generated list as your call list when playing the game. There is no need to say the BINGO column name. Place some kind of mark (like an X, a checkmark, a dot, tally mark, etc) on each cell as you announce it, to keep track. You can also cut out each item, place them in a bag and pull words from the bag.


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  1. HSA PLANS UNUSED FUNDS ROLL OVER EACH YEAR AND CONTINUE TO GROW WITH ACCOUNT.
    HEALTH SAVINGS ACCOUNT (HSA)
  2. TWO WAYS TO CALCULATE FEDERAL INCOME TAXES
    WAGE BRACKET AND PRECENTAGE METHOD
  3. INTERNAL TOOL USED TO ENSURE ACCURACY OF EMPLOYEE COMPENSATION
    PAYROLL REGISTER
  4. AMOUNT TO CLAIM FOR EACH DEPENDENT UNDER 17 YEARS OF AGE
    $2000.00
  5. “SECTION 125” PLANS USUALLY PRE-TAX TO MAKE EMPLOYER-SPONSORED BENEFITS MORE AFFORDABLE FOR EMPLOYEES.
    CAFETERIA PLANS
  6. AMOUNT PER HOUR EMPLOYEES RECEIVE FOR THEIR LABOR
    PAY RATE
  7. REPORT CONTAINS ASSESTS AND LIABILITIES OF A BUSINESS ON A SINGLE DATE
    BALANCE SHEET
  8. FSA ANY UNUSED FUNDS AT END OF THE PLAN YEAR MAY NOT BE ACCESSED AFTERWARD.
    FLEXIBLE SPENDING ARRANGEMENT (FSA)
  9. EMPLOYER IDENTIFICATION NUMBERS: THE WAY THE FEDERAL GOVERNMENT KEEPS TRACK OF EMPLOYER
    EIN
  10. NUMBER OF MINUTES IN PARTIAL HOUR DIVIDED BY 60 MINUTES PER HOUR
    HUNDREDTH HOUR SYSTEM
  11. 24 PAY DISBURSEMENT FOR A YEAR
    SEMIMONTHLY
  12. COMPENSATION THAT EMPL0YERS USE TO REWARD AN EMPLOYEE FOR COMPANY SERVICE.
    FRINGE BENEFITS
  13. 6.0% OF 1ST $7,000 OF AN EMPLOYEES WAGES DURING CALENDAR YEAR
    FUTA
  14. SOCIAL SECURITY TAX ON FIRST $160,200 OF WAGES EARNED
    6.2%
  15. TWO-WEEK PERIOD RECEIVES 26 PAY DISBURSEMENT FOR A YEAR
    BI-WEEKLY
  16. RATES AND WAGE BASE VARY BETWEEN STATES.
    SUTA
  17. REPORTS ALL REVENUE AND EXPENSES FOR A SPECIFIC TIME PERIOD
    INCOME STATEMENT
  18. ASSESTS=LIABILITIES + OWNERS EQUITY
    ACCOUNTING EQUATION
  19. IRS PUBLICATION FOR INCOME TAX CALCULATIONS
    PUBLICATION 15 T
  20. EMPLOYERS USE THIS FORM TO REPORT QUARTERLY TAXES DEPOSITED AND TAXES DUE
    FORM 941
  21. IMMIGRATION REFORM AND CONTROL ACT OF 1986: REQUIRES EMPLOYERS TO VERIFY THE EMPLOYEE’S LEGAL RIGHT TO WORK IN UNITED STATES.
    IRCA
  22. 8hr 6 min = 8 hours 8hr 9 mins = 8.25 hours
    QUARTER-HOUR SYSTEM
  23. EXCLUDED FROM FEDERAL TAX BUT ARE SUBJECT TO SOCIAL SECURITY AND MEDICARE TAXES.
    401K
  24. MEDICARE TAX ON WAGES EARNED.
    1.45%