• A W-4 determines the amount
your employer will withhold
from your paycheck.
• Reduce the amount of tax
withheld from your paycheck.
• However, it does not change
how much tax you owe.
• This status applies only to
people who will not earn enough
that year to owe any federal
• Everyone must pay a social
• Your social security number is
you permanent work
• Many states require minors to
obtain a work permit before
they are allowed to work.
• Is a summary of the income you
earned that year and all amounts the
employer withheld for taxes.
• Includes federal, state, and local
income taxes, and social security
• Employer must provide no later than
• W-2 must be filed with tax return.
• Created to protect workers.
Social Security Act
• Passed in 1935, established a
national social insurance program
that provides federal aid for the
elderly and for disabled workers.
• In 1965, the Medicare Provision was
added. It provides hospital and
medical insurance for elderly retired
• Provides benefits to workers who
lose their jobs through no fault of
• Does not last forever. Usually 26
• Employees must have been
employed a minimum amount of
time. Usually 6 months to a year.
• Fired workers for poor performance
are not eligible.
Fair Labor Standards
• Minimum Wage
• Is an insurance program that
pays benefits to workers and
their families for injury, illness,
or death that occurs as a result
of the job.
Family and Medical
• Allows employees to take up to
12 weeks of unpaid leave in a a
12 month period for certain
medical and family situations.
• Birth, care of immediate family,
serious health condition.
• Equal Pay Act
• Civil Rights Act of 1964
• Age Discrimination in
• American with Disabilities Act
• Equal Employment Opportunity
Commission enforces these
laws and also takes complaints.