oll Taxes and Lobor Planning 2 employees. t for the year ts package is as 5-12B. LO 5-5,5-6 Nanco is a company that makes custom signs and as 12 em The owner wants to perform a benefits analysis report for the for one of its employees, Ben Loomes. Ben's benefits packag half of employ- follows: Salary: $38,950 401(k) contribution: 5% of salary, company match is half of em ee's contribution up to 6% Medical insurance deduction: $140 per month Dental insurance: $36 per month Complete the following Benefits Analysis Report for Ben Loomes for the year. Ben's Cost Yearly Benefit Costs o to Company Cost 9,600 800 1200 125 500 250 Medical insurance Dental insurance Life insurance AD&D Short-term disability Long-term disability 401(k) Social Security Medicare Tuition reimbursement Total yearly benefit costs Ben's annual salary Total yearly benefit costs Total value of Ben's compensation 5,000 to to to to to toto t 8501 GUN 940 for 2015: Employer's Annual Federal Unemployment (FUTA) Tax Return JOOOOOOOO Type of Return S oy Fando www Read the spor tructions before you com o Pastern with the boxes Part Tell us about your return. I any line does NOT apply, leave it blank. See instructions before completing Part 1 Com A m 18 Wyou had to pay state unemployment tax in one state only, enter the state abbreviation. To 1b you had to pay state unemployment tax in more than one state, you are a multi-state employer. . . . . . . . . . . . . . . . . . . . . . . . Tb 2 you paid wages in a state that is subject to CREDIT REDUCTION..... 2 Part 2 Determine your FUTA tax before adjustments. If any line does NOT apply, leave it bank. A 3 4 Total payments to all employees... Payments exempt from FUTA tax. Check that apply 4a Fringe benefits 46 Group-term insurance Total of payments made to each employee in excess of 4 4c 4d Retirement Pension Dependent care 4e Other 6 6 Subtotaln ines. . 7 Total taxable PUTA wages in 3-ne 6 in 7 instructions ..... FUTA tax before adjustments in 7 x 005 - Ine ........... Part 3: Determine your adjustments. If any line does NOT apply. Leave it blank WALL of the taxable FUTA wages you paid were excluded from state unemployment tax muiyine by 0547 05 Go to line 12 10 W SOME of the taxable FUTA wages you paid were excluded from state unemployment tax OR you paid ANY state ungdomment a later the due date for ting For 90 complete the worst in the auctions. Entre amount from line of the worst 10 11 croreduction applies to the bottom Scho A Fom0 1 1 Part & Determine your PUTA tax and balance due or overpayment. Iany Ine does NOT apply, leave 12 Total FUTA tax after adjustments in 8. 9. 10. 11 in 12. ..... 12 13 14 PUTA a deposited for the year, including any overpayment applied from a prior your 1 Balance de 12 more than in 13. the online 14) . in 14 is more than $500. you must deposit your tax Wine 14500 or you may pay win this sections 1 Overpaymentine 13 is more than line 12. enter the excess on the 15 and check a box 4 15 You MUST complete both pages of this form and SIGNE Check one ply to retum Send a refund For Act and Purworeon Act No . veheback of Form V. Put Voucher C O 9 40 850 Employer identification number Parts Report your FUTA tax liability by quarter only if line 12 is more than $SOO. If not, go to Part 6 16 Report the amount of your FUTA tax liability for each quarter, do NOT enter the amount you deposited. If you had no Babi a quarter, leave the line blank. 16a 1st quarter January 1 - March 31)...... 166 2nd quarter April 1 - June 30.... . 160 3rd quarter July 1 - September 30)..... 160 16d 4th quarter (October - December 31)....160 17 Total tax liability for the yearlines 160 161 16c16d line 17) 17 Total must equal Part 6 May we speak with your third-party designee? Do you want to allow an employee, a paid tax preparer, or another person to discuss this return with the IRS? See the instrue for details Yes. Designe's name and phone number Select a 5-digt Personal Identification Number PIN to use when taking to IRS L L L L L No. Part 7: Sign here. You MUST complete both pages of this form and SIGN IL. Under pense of periun. declare that I have examined this retum, including companying schedules and statements, and to the best of my knowledge and belief, it is true correct, and complete and that no part of any payment made to a state unemployment fund claimed as a credit was or is to be deducted from the payments made to employees. Declaration of preparer other than taxpayer) is based on all information of which preparar hasany knowledge Print your Y Sign your name here name here Print your there Dute Best daytime phone Paid Preparer Use Only Check you are sef-employed Preparer's name Preparer's signature Fim's name for yours sell-omployed Address Phone ZIP code City Fm 940 te 22222 Vodoko Employee Force Only OMON 1545-0008 c o ' s and code . oro 12 Emerson W-2 Wage and Tax Statement 2016 Control number 33333 DO NOT STAPLE Formal Use Only OMB No 1545-0008 Nonely Kind Sot non-govt Kind Payer non solo Stow Sole Federal govt Employer Check on 1 Wage.tips. To of forms W.2 d t ube comensation 2 Fancome t he 3 soal security Social Security wond Home Medicare wages and to Medic w eld 7 Sol ity to Alps 10 Decentret 11 Nogue plans 12 Deferred compensation NONEN 13 Forthy 15 State Empresa 14 Income by your party 16 Sewage 17 cm 18 Low oc 19 Locations Employers contact person Employers one number For Oral Use Only lovers i ned them and accompanying documents and to the best of my knowledge and better Under pres of perjury decreta complete Somu Form W-3 Transmittal of Wage and Tax Statements 2016 oll Taxes and Lobor Planning 2 employees. t for the year ts package is as 5-12B. LO 5-5,5-6 Nanco is a company that makes custom signs and as 12 em The owner wants to perform a benefits analysis report for the for one of its employees, Ben Loomes. Ben's benefits packag half of employ- follows: Salary: $38,950 401(k) contribution: 5% of salary, company match is half of em ee's contribution up to 6% Medical insurance deduction: $140 per month Dental insurance: $36 per month Complete the following Benefits Analysis Report for Ben Loomes for the year. Ben's Cost Yearly Benefit Costs o to Company Cost 9,600 800 1200 125 500 250 Medical insurance Dental insurance Life insurance AD&D Short-term disability Long-term disability 401(k) Social Security Medicare Tuition reimbursement Total yearly benefit costs Ben's annual salary Total yearly benefit costs Total value of Ben's compensation 5,000 to to to to to toto t 8501 GUN 940 for 2015: Employer's Annual Federal Unemployment (FUTA) Tax Return JOOOOOOOO Type of Return S oy Fando www Read the spor tructions before you com o Pastern with the boxes Part Tell us about your return. I any line does NOT apply, leave it blank. See instructions before completing Part 1 Com A m 18 Wyou had to pay state unemployment tax in one state only, enter the state abbreviation. To 1b you had to pay state unemployment tax in more than one state, you are a multi-state employer. . . . . . . . . . . . . . . . . . . . . . . . Tb 2 you paid wages in a state that is subject to CREDIT REDUCTION..... 2 Part 2 Determine your FUTA tax before adjustments. If any line does NOT apply, leave it bank. A 3 4 Total payments to all employees... Payments exempt from FUTA tax. Check that apply 4a Fringe benefits 46 Group-term insurance Total of payments made to each employee in excess of 4 4c 4d Retirement Pension Dependent care 4e Other 6 6 Subtotaln ines. . 7 Total taxable PUTA wages in 3-ne 6 in 7 instructions ..... FUTA tax before adjustments in 7 x 005 - Ine ........... Part 3: Determine your adjustments. If any line does NOT apply. Leave it blank WALL of the taxable FUTA wages you paid were excluded from state unemployment tax muiyine by 0547 05 Go to line 12 10 W SOME of the taxable FUTA wages you paid were excluded from state unemployment tax OR you paid ANY state ungdomment a later the due date for ting For 90 complete the worst in the auctions. Entre amount from line of the worst 10 11 croreduction applies to the bottom Scho A Fom0 1 1 Part & Determine your PUTA tax and balance due or overpayment. Iany Ine does NOT apply, leave 12 Total FUTA tax after adjustments in 8. 9. 10. 11 in 12. ..... 12 13 14 PUTA a deposited for the year, including any overpayment applied from a prior your 1 Balance de 12 more than in 13. the online 14) . in 14 is more than $500. you must deposit your tax Wine 14500 or you may pay win this sections 1 Overpaymentine 13 is more than line 12. enter the excess on the 15 and check a box 4 15 You MUST complete both pages of this form and SIGNE Check one ply to retum Send a refund For Act and Purworeon Act No . veheback of Form V. Put Voucher C O 9 40 850 Employer identification number Parts Report your FUTA tax liability by quarter only if line 12 is more than $SOO. If not, go to Part 6 16 Report the amount of your FUTA tax liability for each quarter, do NOT enter the amount you deposited. If you had no Babi a quarter, leave the line blank. 16a 1st quarter January 1 - March 31)...... 166 2nd quarter April 1 - June 30.... . 160 3rd quarter July 1 - September 30)..... 160 16d 4th quarter (October - December 31)....160 17 Total tax liability for the yearlines 160 161 16c16d line 17) 17 Total must equal Part 6 May we speak with your third-party designee? Do you want to allow an employee, a paid tax preparer, or another person to discuss this return with the IRS? See the instrue for details Yes. Designe's name and phone number Select a 5-digt Personal Identification Number PIN to use when taking to IRS L L L L L No. Part 7: Sign here. You MUST complete both pages of this form and SIGN IL. Under pense of periun. declare that I have examined this retum, including companying schedules and statements, and to the best of my knowledge and belief, it is true correct, and complete and that no part of any payment made to a state unemployment fund claimed as a credit was or is to be deducted from the payments made to employees. Declaration of preparer other than taxpayer) is based on all information of which preparar hasany knowledge Print your Y Sign your name here name here Print your there Dute Best daytime phone Paid Preparer Use Only Check you are sef-employed Preparer's name Preparer's signature Fim's name for yours sell-omployed Address Phone ZIP code City Fm 940 te 22222 Vodoko Employee Force Only OMON 1545-0008 c o ' s and code . oro 12 Emerson W-2 Wage and Tax Statement 2016 Control number 33333 DO NOT STAPLE Formal Use Only OMB No 1545-0008 Nonely Kind Sot non-govt Kind Payer non solo Stow Sole Federal govt Employer Check on 1 Wage.tips. To of forms W.2 d t ube comensation 2 Fancome t he 3 soal security Social Security wond Home Medicare wages and to Medic w eld 7 Sol ity to Alps 10 Decentret 11 Nogue plans 12 Deferred compensation NONEN 13 Forthy 15 State Empresa 14 Income by your party 16 Sewage 17 cm 18 Low oc 19 Locations Employers contact person Employers one number For Oral Use Only lovers i ned them and accompanying documents and to the best of my knowledge and better Under pres of perjury decreta complete Somu Form W-3 Transmittal of Wage and Tax Statements 2016