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Running records are files or documents that an organization maintains over time.Which of the following is a limitation of running records?
Federal Income Tax
A tax levied by the United States Internal Revenue Service on the annual earnings of individuals, corporations, trusts, and other legal entities.
Federal Unemployment Tax
This is a tax paid by employers based on the wages paid to employees, intended to fund state workforce agencies.
Employer's Payroll Tax
Taxes that employers are required to pay on behalf of their employees, such as social security and Medicare taxes in the United States.
Unemployment Taxes
Taxes paid by employers to fund unemployment insurance programs, providing benefits to workers who have lost their jobs.
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