A charge on an entity's employee wages, tips, and salaries that is withheld from their pay by the organization's employer is a "payroll tax". Such a tax is collected by the employer, and thus it's deposited by them to the federal government....
Unclaimed property is property that has gone unclaimed beyond adormancy period. The dormancy period is an amount of time after a financial institution reports an account or asset as inactive up to when the government deems that it has been abandoned. For most states, the dormancy period is thre...
The HCTC is a federally funded program designed to assist people certified as displaced workers by the U.S. Department of Labor and those receiving benefits through the Pension Benefit Guaranty Corporation (PBGC) over age 55. The HCTC covers a significant portion of participants' health ins...
Form 5500 is a mandatory annual filing that plan administrators must submit to theU.S. Department of Labor. This form serves as a comprehensive report on the financial condition, investments, and operations of the pension plan. Larger plans are also subject to an additional requirement of an an...
A stockholder can be any person, institution, or organization that owns an inventory of a company's stocks. By holding part of a company's stocks, one is regarded to have equity which is partial ownership of a company. Since the stock of...