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Which should we prefer, Yin or Yang, and why?
FICA Tax
Federal Insurance Contributions Act tax used to finance federal programs for old-age and disability benefits (social security) and health insurance for the aged (Medicare).
Payroll Tax
Taxes imposed on employers and employees, calculated as a percentage of the salaries that employers pay to their staff.
Note Payable
A written promise to pay a specific amount of money, usually with interest, by a certain date.
Borrower
An individual or entity that takes money or property from another under an agreement to return it or its equivalent at a future date.
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