Examlex
To view exactly which formats are applied to the character,paragraph,and section of selected text,use the Reveal Formatting task pane.
Form 941
A tax form used by employers to report quarterly federal payroll taxes, including amounts withheld from employees' paychecks and the employer's portion of social security and Medicare taxes.
Social Security
Government program that provides financial assistance to people with an inadequate or no income.
Medicare Taxes
Taxes collected from earnings to fund the Medicare program, providing health insurance to individuals aged 65 and older or those who meet specific criteria.
FUTA
The Federal Unemployment Tax Act, which imposes a payroll tax on businesses to fund state workforce agencies.
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