Foundations: Week 1 Mid-Week

Julie, the owner of World Explorers Travel Agency, calls because she will be adding a second location in another state. Currently based in North Carolina, she plans to expand her business into Florida next month. Her North Carolina location is set up on Taxpay and she would like to do the same with her Florida location. She needs to know what you need to activate Taxpay for Unemployment Taxes in that state. Using your resources, let Julie know if 'APPLIED FOR' coding is accepted while we wait for Julie's Florida Unemployment ID number. 

Penny, from Penny's Pet Palace, calls in because she is expanding her empire to the state of Tennessee. She applied for her Tennessee state unemployment ID number on Monday and would like to know how long she can expect to wait for her ID number. Using your resources, what will you tell her?

Richard, from Jack's Apple Orchard, calls to add a new hire in the state of Arkansas. He wants to pay the employee minimum wage, but he's not sure what the minimum wage is. Using your resources, what is Arkansas' minimum wage?

Andy, the payroll admin at Johnny's Karate School in Indiana, calls because he will be hiring a non-resident employee that will be working in Indiana. He needs to know which states, if any, have a reciprocal agreement with Indiana and what form is required from the employee, if applicable. 

While reviewing totals with Jill from Scrubs Plus, she asks for a breakdown of the taxes that need to be paid to the IRS for Federal Tax Liability. Which taxes would you provide to her? Sort the taxes into Federal Tax Liability or Other Taxes

Malcolm, from Pushkin Industries, processes payroll with $150,000 of Federal Tax Liability. He is a monthly depositor. Sort the following statements into True or False as it relates to his tax deposit.

Match the tax return with the taxes they reconcile.

Click the tax return, then click the box that the tax return reconciles. If you want to change your selection, click the answer to remove it from the selected box. 

Adrian, from Balboa Boxing, calls wanting to know how much her employee, Mickey, will be paid. He is a salaried employee who earns $1,200 per pay period. He also has an expense reimbursement this pay period for $25 and a garnishment of $200. He owes $355.80 in taxes. How much will Mickey be paid this pay period?

Dawson, from Pacie's Creek, calls in to ask about his payroll journal. When he reported his employees' cash tips it specified on the payroll journal that they do not increase net pay. Why would this be the case?

Match the following items with their correct WORTD category.