Term
| Sometimes referred to as "cash flow"? |
|
Definition
|
|
Term
| Amounts subtracted from gross income? |
|
Definition
|
|
Term
| Amount of income before deductions? |
|
Definition
|
|
Term
|
Definition
|
|
Term
|
Definition
|
|
Term
| A personal budget for managing money during a given period of time? |
|
Definition
|
|
Term
| expenses that change in amount from period to period? |
|
Definition
|
|
Term
|
Definition
| To allow the employer to withhold federal income taxes from the employee wages |
|
|
Term
| What is the purpose of a W-2 form? |
|
Definition
| to itemize how much money was earned by an employee and how much was witheld and sent to the IRS |
|
|
Term
|
Definition
| car note, home mortgage, car payment, car insurance, pyf. |
|
|
Term
| Name 5 variable expenses? |
|
Definition
| gas, food, clothing, fun stuff, big events. |
|
|
Term
| Name 4 diffrent types of taxes? |
|
Definition
| Federal income tax, state income tax, social security tax, and medicare taxes. |
|
|
Term
| When reading a pay stub to see what one has made so far for the entire year would you look at YTP or T/P? What do the two mean? |
|
Definition
| You would pick YTD which means year to date. And T/P means Total pay. |
|
|
Term
|
Definition
| taxes that are collected from most employees to fund the hospital insurance provided under the system. |
|
|
Term
| Which tax is collected from most employees to fund a federal program , which provides old age survivors and disability insurance? |
|
Definition
|
|
Term
| what does "PYF" stand for? |
|
Definition
|
|
Term
| Fees placed on income, property, or goods to support government programs is? |
|
Definition
|
|
Term
|
Definition
|
|
Term
|
Definition
|
|
