Examlex
What is the name of the given shape?
Tax Liability
The total amount of tax owed by an individual or corporation to the tax authorities.
Monthly Schedule Depositor
A designation for businesses that determines how frequently they must deposit employment taxes to the IRS based on their payroll size.
Semiweekly Schedule Depositor
A designation for businesses that must deposit payroll taxes on a semiweekly basis, determined by the amount of their tax liability.
Payroll Tax Liability
The obligation of employers to withhold and pay taxes on behalf of their employees, such as social security and Medicare taxes.
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