The accountant for Lillibit’s Kennels, filed Form 941 for the first quarter on May 15. The amount of taxes due to be paid with Form 941 was $11,478 and the taxes are paid when the Form 941 is filed. The first failure to file notice was dated May 5. What is the amount that must be remitted, including the IRS penalty for the failure to file?

What position did Lilly Ledbetter hold at Goodyear?

When did President Obama sign the Lilly Ledbetter Fair Pay Act into law?

Complex Overtime Pay Calculation An employee earns $25 per hour and worked 50 hours in a week. If the company pays time and a half for overtime (hours worked beyond 40), what is the total earnings for that week?

Why did Lilly Ledbetter sue Goodyear?

Why is equal pay considered a “family issue” according to President Obama?

How much was Lilly Ledbetter being paid per month at the end of her employment compared to the lowest-paid male manager?

Marti’s Meats has received a letter from the IRS that due to their tax liability of $41,950 during the lookback period, they are a monthly schedule depositor. Which tax form should they file to report their payroll taxes? Refer to pg. 298-299 in your textbook.

What broader issue did Lilly Ledbetter’s case and the Fair Pay Act highlight?

Employers pay taxes based on employee compensation such as FICA taxes, SUTA tax, and FUTA tax.