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Homographs create special problems when developing coding procedures.
FICA-Social Security Tax
A federal tax in the United States collected from both employees and employers to fund the Social Security program.
FICA-Medicare Tax
The portion of the Federal Insurance Contributions Act tax that funds Medicare, deducted from employees' wages and also paid by employers.
Federal Income Tax
The tax levied by the IRS on the annual earnings of individuals, corporations, trusts, and other legal entities.
Withholdings
The portion of an employee's earnings that is deducted and sent directly to the government by the employer for tax purposes.
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