W-4 FORM Definition

Bookmark and Share

W-4 FORM, Employees Withholding Allowance Certification , is completed by each employee so that the employer can withhold the correct federal income tax from the employees pay. Because tax situations may change, employees may want to refigure their withholding each year.

Learn new Accounting Terms

REWORK is to change an item in order to improve it or make it more suitable for a particular purpose, e.g. to rework a defective product into one that exhibits the quality required for acceptance.

REPLACEMENT COST is the total cost at current prices of an asset that is not necessarily an exact duplicate of the subject asset but serves the same purpose or function as the original.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.