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After Defining Each of the Following Statutes,state Who Has to Abide

question 104

Essay

After defining each of the following statutes,state who has to abide by the law: a)Civil Rights Act,b)Occupational Safety and Health Act,c)Fair Labor Standards Act and d)Family and Medical Leave Act.


Definitions:

Tax Liability

The total amount of tax owed to a tax authority by an individual or corporation after all deductions, credits, and exemptions.

Income Tax Withholdings

The portion of an employee's income that is withheld by the employer and paid directly to the government as a prepayment of income tax.

Income Tax Regulation

Legal guidelines and rules governing how income taxes are calculated, collected, and enforced by authorities.

Reg.§1.162-1

A reference to a section of the U.S. Tax Code outlining the deduction of ordinary and necessary business expenses.

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