Leased employees are employees of a leasing agency who are hired and trained for the client firm through the agency. Withholding, depositing, and reporting responsibilities remain with the leasing agency.
A levy is a garnishment of an employee's wages for nonpayment of taxes.
A liability is a debt of a business that has yet to be paid.
This is an insurance contract providing for coverage of qualified long-term care services, including diagnostic, preventive, treating, mitigating, and rehabilitative services. The contract is treated as an accident and health insurance contract for payroll tax purposes.
This is the 12-month period running from July 1 of the second preceding calendar year through June 30 of the preceding calendar year. The employer's payroll tax liability during this period determines its depositor status for the current year.