PAYRATEAMOUNT PERHOUREMPLOYEESRECEIVE FORTHEIR LABOR FRINGEBENEFITSCOMPENSATIONTHATEMPL0YERS USETO REWARD ANEMPLOYEE FORCOMPANYSERVICE.PUBLICATION15 TIRSPUBLICATIONFOR INCOMETAXCALCULATIONS1.45%MEDICARETAX ONWAGESEARNED.FUTA6.0% OF 1ST$7,000 OF ANEMPLOYEESWAGES DURINGCALENDARYEARHUNDREDTHHOURSYSTEMNUMBER OFMINUTES INPARTIAL HOURDIVIDED BY 60MINUTES PERHOURFORM941EMPLOYERSUSE THIS FORMTO REPORTQUARTERLYTAXESDEPOSITED ANDTAXES DUESEMIMONTHLY24 PAYDISBURSEMENTFOR A YEAR 6.2%SOCIALSECURITYTAX ON FIRST$160,200 OFWAGESEARNEDBI-WEEKLYTWO-WEEKPERIODRECEIVES 26PAYDISBURSEMENTFOR A YEAR WAGEBRACKET ANDPRECENTAGEMETHODTWO WAYS TOCALCULATEFEDERALINCOMETAXESPAYROLLREGISTERINTERNAL TOOLUSED TOENSUREACCURACY OFEMPLOYEECOMPENSATIONINCOMESTATEMENTREPORTS ALLREVENUE ANDEXPENSESFOR ASPECIFIC TIMEPERIOD401KEXCLUDED FROMFEDERAL TAX BUTARE SUBJECT TOSOCIAL SECURITYAND MEDICARETAXES.IRCAIMMIGRATIONREFORM ANDCONTROL ACT OF1986: REQUIRESEMPLOYERS TOVERIFY THEEMPLOYEE’S LEGALRIGHT TO WORK INUNITED STATES.ACCOUNTINGEQUATIONASSESTS=LIABILITIES+ OWNERS EQUITYCAFETERIAPLANS“SECTION 125”PLANS USUALLYPRE-TAX TO MAKEEMPLOYER-SPONSOREDBENEFITS MOREAFFORDABLE FOREMPLOYEES.$2000.00AMOUNT TOCLAIM FOREACHDEPENDENTUNDER 17YEARS OF AGEQUARTER-HOURSYSTEM8hr 6 min =8 hours8hr 9 mins =8.25 hoursSUTARATES ANDWAGEBASE VARYBETWEENSTATES.EINEMPLOYERIDENTIFICATIONNUMBERS: THEWAY THE FEDERALGOVERNMENTKEEPS TRACK OFEMPLOYER FLEXIBLESPENDINGARRANGEMENT(FSA)FSA ANYUNUSED FUNDSAT END OF THEPLAN YEAR MAYNOT BEACCESSEDAFTERWARD.BALANCESHEETREPORTCONTAINSASSESTS ANDLIABILITIES OFA BUSINESS ONA SINGLE DATEHEALTHSAVINGSACCOUNT(HSA)HSA PLANSUNUSED FUNDSROLL OVEREACH YEAR ANDCONTINUE TOGROW WITHACCOUNT.PAYRATEAMOUNT PERHOUREMPLOYEESRECEIVE FORTHEIR LABOR FRINGEBENEFITSCOMPENSATIONTHATEMPL0YERS USETO REWARD ANEMPLOYEE FORCOMPANYSERVICE.PUBLICATION15 TIRSPUBLICATIONFOR INCOMETAXCALCULATIONS1.45%MEDICARETAX ONWAGESEARNED.FUTA6.0% OF 1ST$7,000 OF ANEMPLOYEESWAGES DURINGCALENDARYEARHUNDREDTHHOURSYSTEMNUMBER OFMINUTES INPARTIAL HOURDIVIDED BY 60MINUTES PERHOURFORM941EMPLOYERSUSE THIS FORMTO REPORTQUARTERLYTAXESDEPOSITED ANDTAXES DUESEMIMONTHLY24 PAYDISBURSEMENTFOR A YEAR 6.2%SOCIALSECURITYTAX ON FIRST$160,200 OFWAGESEARNEDBI-WEEKLYTWO-WEEKPERIODRECEIVES 26PAYDISBURSEMENTFOR A YEAR WAGEBRACKET ANDPRECENTAGEMETHODTWO WAYS TOCALCULATEFEDERALINCOMETAXESPAYROLLREGISTERINTERNAL TOOLUSED TOENSUREACCURACY OFEMPLOYEECOMPENSATIONINCOMESTATEMENTREPORTS ALLREVENUE ANDEXPENSESFOR ASPECIFIC TIMEPERIOD401KEXCLUDED FROMFEDERAL TAX BUTARE SUBJECT TOSOCIAL SECURITYAND MEDICARETAXES.IRCAIMMIGRATIONREFORM ANDCONTROL ACT OF1986: REQUIRESEMPLOYERS TOVERIFY THEEMPLOYEE’S LEGALRIGHT TO WORK INUNITED STATES.ACCOUNTINGEQUATIONASSESTS=LIABILITIES+ OWNERS EQUITYCAFETERIAPLANS“SECTION 125”PLANS USUALLYPRE-TAX TO MAKEEMPLOYER-SPONSOREDBENEFITS MOREAFFORDABLE FOREMPLOYEES.$2000.00AMOUNT TOCLAIM FOREACHDEPENDENTUNDER 17YEARS OF AGEQUARTER-HOURSYSTEM8hr 6 min =8 hours8hr 9 mins =8.25 hoursSUTARATES ANDWAGEBASE VARYBETWEENSTATES.EINEMPLOYERIDENTIFICATIONNUMBERS: THEWAY THE FEDERALGOVERNMENTKEEPS TRACK OFEMPLOYER FLEXIBLESPENDINGARRANGEMENT(FSA)FSA ANYUNUSED FUNDSAT END OF THEPLAN YEAR MAYNOT BEACCESSEDAFTERWARD.BALANCESHEETREPORTCONTAINSASSESTS ANDLIABILITIES OFA BUSINESS ONA SINGLE DATEHEALTHSAVINGSACCOUNT(HSA)HSA PLANSUNUSED FUNDSROLL OVEREACH YEAR ANDCONTINUE TOGROW WITHACCOUNT.

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