Explain the impact of state and local income taxes on the payroll accounting process.

Evaluate the application of the systems approach to the analysis of work organisations. Suggest an example of a work situation in which the systems approach might be appropriate.

 

Explain: (a) Form W-2, (b) the completion of Form 941, Employer’s Quarterly Federal Tax Return, (c) major types of information returns, and (d) the impact of state and local income taxes on the payroll accounting process.