Examlex
The expense recognition principle is frequently referred to as the matching principle.
Federal Income Tax
The tax levied by the IRS on the annual earnings of individuals, corporations, trusts, and other legal entities.
Form 941
A tax form filed by employers in the United States to report withholding taxes, Social Security, and Medicare taxes.
Social Security
A government program that provides financial assistance to people with an inadequate or no income.
Medicare Taxes
Federal taxes collected from earnings to fund the Medicare program, which provides healthcare benefits to senior citizens.
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