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Fiola is undergoing a special training session to understand the theory of relativity. Mark, Fiola's tutor, conducts the training sessions for her. Mark uses jargon, and this makes it difficult for Fiola to comprehend the theory. In this scenario, which of the following communication barriers is most likely interfering with Fiola's understanding of the theory?
Payroll Tax Expense
Tax that a business must pay based on the wages and salaries of its employees, including social security, Medicare, and unemployment taxes.
FICA
The Federal Insurance Contributions Act, which funds Social Security and Medicare, requiring employers and employees to pay a percentage of earnings.
Look-Back Period
A period of time used to determine whether a business should make its Form 941 tax deposits on a monthly or semiweekly basis. The IRS defines this period as July 1 through June 30 of the year prior to the year in which Form 941 tax deposits will be made.
Form 941
A tax form used by employers to report federal withholdings from employee wages, including Social Security and Medicare taxes.
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