Examlex
Unless hired for a specific period of time or for a specific project or task, an employee is generally hired __________________ and can be terminated for any reason except those prohibited by law.
Medicare Tax
A federal tax that funds the Medicare program, deducted from the earnings of employees and matched by employers.
Unemployment Taxes
Taxes paid by employers to fund unemployment insurance programs, aiding workers who have lost their jobs.
Salaries Payable
An account containing the total amount of salary expense that has been incurred by a company but has not yet been paid out to employees.
Employer Payroll Tax Expense
Taxes paid by employers based on the salary and wages of employees, including social security and Medicare taxes in the United States, among others.
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