You are the owner of Accurate Financial Services. You have just been hired by Brad Justice, the
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You are the owner of Accurate Financial Services. You have just been hired by Brad Justice, the owner of a new company called Snack Shack, to help establish a payroll system. As a new business owner, Brad understands the importance of complying with government requirements, but he is concerned that he may not be aware of all of the requirements related to payroll. Using the following key terms, prepare a presentation for Brad describing the government requirements for payroll.
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Electronic Federal Tax Payment System (EFTPS) Federal Unemployment Tax Act (FUTA) Form 8109 Form 940 Form 941 Form W-2 Form W-3 Payroll Tax Expense Salaries Expense State Unemployment Tax Act (SUTA) unemployment taxes
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