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What does the term "constant mesh" mean?
Net Pay
The amount of money an employee receives after all deductions, such as taxes and retirement contributions, are subtracted from their gross pay.
Federal Unemployment Tax
A tax levied by the federal government on employers to fund state workforce agencies and unemployment insurance programs.
Form 940
A tax form used by employers to report their annual Federal Unemployment Tax Act (FUTA) tax.
FICA Tax
A mandatory tax deducted from employees' paychecks in the United States to fund Social Security and Medicare programs.
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