During the first full week of 2018, the Payroll Department of Omni Corporation is preparing the Forms

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During the first full week of 2018, the Payroll Department of Omni Corporation is preparing the Forms W-2 for dis- tribution to its employees along with their payroll checks on January 5. In this problem, you will complete six of the forms in order to gain some experience in recording the different kinds of information required.
Assume each employee earned the same weekly salary for each of the 52 paydays in 2017. Using the following information obtained from the personnel and payroll records of the firm, complete Copy A of the six Forms W-2 reproduced on the following pages. Also complete Form W-3. The form is to be signed by the president, Frank Kent, and is prepared by Vince Roper.
Company Information:
Address: 4800 River Road Philadelphia, PA 19113-5548 Pennsylvania state identification number: Federal identification nu

Income Tax Information: The wage-bracket method is used to determine federal income tax withholding. Calculate the annua

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Payroll Accounting 2017

ISBN: 978-1337734776

27th edition

Authors: Bernard J. Bieg, Judith Toland

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