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1 section: vocabulary fill in the missing word(s) in the space provided…

Question

1 section: vocabulary
fill in the missing word(s) in the space provided at the right.
example: if you claim exempt status on your form w - 4 you will not have ______ taxes withheld from your paycheck.

  1. the employees withholding allowance certificate, commonly known as ______, is used to make allowances for tax withholding purposes.
  2. to instruct an employer to not withhold federal income taxes from your wages is to claim ______ status.
  3. some states require a(n) ______ for workers under age 16, giving a parents permission to work.
  4. persons who are underage and not considered adults are called ______.
  5. the ______ is a law that allows employees to take unpaid leave for family and medical reasons.
  6. the legally established lower limit of wage rate that can be paid by employers is the ______.
  7. reductions in the amount of tax withheld from paychecks are known as ______.
  8. by january 31 of the year following the year you were employed, an employer must mail to you a(n) ______ showing your total wages and withholdings while you were employed.
  9. the ______ is a law that prohibits unequal pay for men and women doing substantially similar work.
  10. an important part of the social security act, ______ provides benefits to workers who lose their jobs through no fault of their own.
  11. a program that provides financial security to workers and their families in the event of an on - the - job illness or injury is called ______.
  12. the ______ is the government body responsible for overseeing labor laws.
  13. the ______ is a law enacted to set minimum wage and overtime hours.

Explanation:

Brief Explanations
  1. The Employee's Withholding Allowance Certificate is commonly known as Form W - 4.
  2. Claiming exempt status instructs an employer not to withhold federal income taxes.
  3. Some states require a work permit for workers under 16 with parental permission.
  4. Underage non - adult persons are called minors.
  5. The Family and Medical Leave Act allows unpaid leave for family and medical reasons.
  6. The legally established lower limit of wage rate is the minimum wage.
  7. Reductions in tax withheld from paychecks are allowances.
  8. By January 31 of the following year, an employer must mail a W - 2 showing total wages and withholdings.
  9. The Equal Pay Act prohibits unequal pay for men and women doing similar work.
  10. Unemployment insurance is part of the Social Security Act providing benefits to unemployed workers.
  11. Workers' compensation provides financial security in case of on - the - job illness or injury.
  12. The Department of Labor oversees labor laws.
  13. The Fair Labor Standards Act sets minimum wage and overtime hours.

Answer:

  1. Form W - 4
  2. exempt
  3. work permit
  4. minors
  5. Family and Medical Leave Act
  6. minimum wage
  7. allowances
  8. W - 2
  9. Equal Pay Act
  10. Unemployment insurance
  11. Workers' compensation
  12. Department of Labor
  13. Fair Labor Standards Act