SUTARATES ANDWAGEBASE VARYBETWEENSTATES.QUARTER-HOURSYSTEM8hr 6 min =8 hours8hr 9 mins =8.25 hoursBALANCESHEETREPORTCONTAINSASSESTS ANDLIABILITIES OFA BUSINESS ONA SINGLE DATEFLEXIBLESPENDINGARRANGEMENT(FSA)FSA ANYUNUSED FUNDSAT END OF THEPLAN YEAR MAYNOT BEACCESSEDAFTERWARD.EINEMPLOYERIDENTIFICATIONNUMBERS: THEWAY THE FEDERALGOVERNMENTKEEPS TRACK OFEMPLOYER INCOMESTATEMENTREPORTS ALLREVENUE ANDEXPENSESFOR ASPECIFIC TIMEPERIODIRCAIMMIGRATIONREFORM ANDCONTROL ACT OF1986: REQUIRESEMPLOYERS TOVERIFY THEEMPLOYEE’S LEGALRIGHT TO WORK INUNITED STATES.CAFETERIAPLANS“SECTION 125”PLANS USUALLYPRE-TAX TO MAKEEMPLOYER-SPONSOREDBENEFITS MOREAFFORDABLE FOREMPLOYEES.6.2%SOCIALSECURITYTAX ON FIRST$160,200 OFWAGESEARNEDFRINGEBENEFITSCOMPENSATIONTHATEMPL0YERS USETO REWARD ANEMPLOYEE FORCOMPANYSERVICE.FORM941EMPLOYERSUSE THIS FORMTO REPORTQUARTERLYTAXESDEPOSITED ANDTAXES DUE1.45%MEDICARETAX ONWAGESEARNED.401KEXCLUDED FROMFEDERAL TAX BUTARE SUBJECT TOSOCIAL SECURITYAND MEDICARETAXES.ACCOUNTINGEQUATIONASSESTS=LIABILITIES+ OWNERS EQUITYBI-WEEKLYTWO-WEEKPERIODRECEIVES 26PAYDISBURSEMENTFOR A YEAR PAYROLLREGISTERINTERNAL TOOLUSED TOENSUREACCURACY OFEMPLOYEECOMPENSATIONPUBLICATION15 TIRSPUBLICATIONFOR INCOMETAXCALCULATIONSSEMIMONTHLY24 PAYDISBURSEMENTFOR A YEAR PAYRATEAMOUNT PERHOUREMPLOYEESRECEIVE FORTHEIR LABOR HUNDREDTHHOURSYSTEMNUMBER OFMINUTES INPARTIAL HOURDIVIDED BY 60MINUTES PERHOURHEALTHSAVINGSACCOUNT(HSA)HSA PLANSUNUSED FUNDSROLL OVEREACH YEAR ANDCONTINUE TOGROW WITHACCOUNT.WAGEBRACKET ANDPRECENTAGEMETHODTWO WAYS TOCALCULATEFEDERALINCOMETAXESFUTA6.0% OF 1ST$7,000 OF ANEMPLOYEESWAGES DURINGCALENDARYEAR$2000.00AMOUNT TOCLAIM FOREACHDEPENDENTUNDER 17YEARS OF AGESUTARATES ANDWAGEBASE VARYBETWEENSTATES.QUARTER-HOURSYSTEM8hr 6 min =8 hours8hr 9 mins =8.25 hoursBALANCESHEETREPORTCONTAINSASSESTS ANDLIABILITIES OFA BUSINESS ONA SINGLE DATEFLEXIBLESPENDINGARRANGEMENT(FSA)FSA ANYUNUSED FUNDSAT END OF THEPLAN YEAR MAYNOT BEACCESSEDAFTERWARD.EINEMPLOYERIDENTIFICATIONNUMBERS: THEWAY THE FEDERALGOVERNMENTKEEPS TRACK OFEMPLOYER INCOMESTATEMENTREPORTS ALLREVENUE ANDEXPENSESFOR ASPECIFIC TIMEPERIODIRCAIMMIGRATIONREFORM ANDCONTROL ACT OF1986: REQUIRESEMPLOYERS TOVERIFY THEEMPLOYEE’S LEGALRIGHT TO WORK INUNITED STATES.CAFETERIAPLANS“SECTION 125”PLANS USUALLYPRE-TAX TO MAKEEMPLOYER-SPONSOREDBENEFITS MOREAFFORDABLE FOREMPLOYEES.6.2%SOCIALSECURITYTAX ON FIRST$160,200 OFWAGESEARNEDFRINGEBENEFITSCOMPENSATIONTHATEMPL0YERS USETO REWARD ANEMPLOYEE FORCOMPANYSERVICE.FORM941EMPLOYERSUSE THIS FORMTO REPORTQUARTERLYTAXESDEPOSITED ANDTAXES DUE1.45%MEDICARETAX ONWAGESEARNED.401KEXCLUDED FROMFEDERAL TAX BUTARE SUBJECT TOSOCIAL SECURITYAND MEDICARETAXES.ACCOUNTINGEQUATIONASSESTS=LIABILITIES+ OWNERS EQUITYBI-WEEKLYTWO-WEEKPERIODRECEIVES 26PAYDISBURSEMENTFOR A YEAR PAYROLLREGISTERINTERNAL TOOLUSED TOENSUREACCURACY OFEMPLOYEECOMPENSATIONPUBLICATION15 TIRSPUBLICATIONFOR INCOMETAXCALCULATIONSSEMIMONTHLY24 PAYDISBURSEMENTFOR A YEAR PAYRATEAMOUNT PERHOUREMPLOYEESRECEIVE FORTHEIR LABOR HUNDREDTHHOURSYSTEMNUMBER OFMINUTES INPARTIAL HOURDIVIDED BY 60MINUTES PERHOURHEALTHSAVINGSACCOUNT(HSA)HSA PLANSUNUSED FUNDSROLL OVEREACH YEAR ANDCONTINUE TOGROW WITHACCOUNT.WAGEBRACKET ANDPRECENTAGEMETHODTWO WAYS TOCALCULATEFEDERALINCOMETAXESFUTA6.0% OF 1ST$7,000 OF ANEMPLOYEESWAGES DURINGCALENDARYEAR$2000.00AMOUNT TOCLAIM FOREACHDEPENDENTUNDER 17YEARS OF AGE

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