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FICA Medicare
The portion of the U.S. Federal Insurance Contributions Act tax that funds Medicare, providing health insurance to individuals over 65 and some younger with disabilities.
Federal Unemployment Taxes
Taxes imposed by the federal government on employers to fund state unemployment agencies and provide unemployment compensation to workers who have lost their jobs.
State Unemployment Taxes
Taxes imposed by state governments on businesses based on the amount of wages paid to employees, used to fund unemployment compensation programs.
Employer Payroll Tax Rates
The percentage rates at which employers are required to tax their employees' wages for federal and state payroll taxes.
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