Pay stub abbr.

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Possible Answers: HRS, YTD, FICA.

Last seen on: –LA Times Crossword, Sun, Mar 5, 2023 – “Moving In”
NewsDay Crossword October 14 2022 Answers
LA Times Crossword 2 Sep 18, Sunday

Random information on the term “HRS”:

Søren Kuhlwein Kristiansen

Copenhagen Hospitality College (Danish: Hotel og Restaurantskolen, abbr. HRS) is a vocational college located in Copenhagen, Denmark. The school is Northern Europe’s largest school specialising in hospitality courses and Denmark’s largest food institute.

Around 1920 some restaurateurs decided to come together to offer educational evening classes in various subjects relative to the hospitality industry, these classes took place on board a schooner named Constance.

As teachings became more and more comprehensive, the Ministry of Education acknowledged that subjects related to the hospitality industry were a professional craft and the school was approved apprenticeship status in 1922 and became known as the Restaurant Industry Apprenticeship School.

As enrollment to the newly established school increased, there quickly became a shortage of space aboard the schooner. The school moved in 1924 into a building of Copenhagen Institute of Technology (Now part of Aalborg University) and later to Kongedybet on Amager.

HRS on Wikipedia

Random information on the term “YTD”:

Year-to-date (YTD) is a period, starting from the beginning of the current year (either the calendar year or fiscal year) and continuing up to the present day.

Year-to-date is used in many contexts, mainly for recording results of an activity in the time between a date (exclusive, since this day may not yet be “complete”) and the beginning of the year.

In the context of finance, YTD is often provided in financial statements detailing the performance of a business entity. Providing current YTD results, as well as YTD results for one or more past years as of the same date, allows owners, managers, investors, and other stakeholders to compare the company’s current performance to that of past periods. Employees’ income tax may be based on total earnings in the tax year to date.

YTD describes the return so far this year. For example: the year to date (ytd) return for the stock is 8%. This means from January 1 of the current year to date, stock has appreciated by 8%.

YTD on Wikipedia

Random information on the term “FICA”:

The alternative minimum tax (AMT) is a supplemental income tax imposed by the United States federal government required in addition to baseline income tax for certain individuals, corporations, estates, and trusts that have exemptions or special circumstances allowing for lower payments of standard income tax. AMT is imposed at a nearly flat rate on an adjusted amount of taxable income above a certain threshold (also known as exemption). This exemption is substantially higher than the exemption from regular income tax.

Regular taxable income is adjusted for certain items computed differently for AMT, such as depreciation and medical expenses. No deduction is allowed for state taxes or miscellaneous itemized deductions in computing AMT income. Taxpayers with incomes above the exemption whose regular Federal income tax is below the amount of AMT must pay the higher AMT amount.

A predecessor “minimum tax”, enacted in 1969, imposed an additional tax on certain tax benefits for certain taxpayers. The present AMT was enacted in 1982 and limits tax benefits from a variety of deductions. On January 2, 2013, President Barack Obama signed the American Taxpayer Relief Act of 2012, which indexes to inflation the income thresholds for being subject to the tax.

FICA on Wikipedia