Glencoe Accounting

Chapter 13: Payroll Liabilities and Tax Records

Working in the Real World

When it comes to payroll, you have likely heard acronyms like FICA, FUTA, FTD, and EFTPS. For interpretation, all roads point to the IRS site at,,id=98818,00.html. Here you will find information on who should make deposits, as well as when and how they should be made.

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