Examlex
Heating the raw gypsum in the manufacturing process is known as ____________.
FICA Taxes
Federal Insurance Contributions Act taxes, which fund Social Security and Medicare, required to be paid by both employees and employers.
Unemployment Tax Rates
Refers to the taxes that employers must pay to the government, usually at the state level, based on a percentage of the total payrolls of their employees to fund unemployment compensation programs.
Medicare Portion
The Medicare portion is the share of payroll taxes collected from employers and employees that is allocated to fund the Medicare program.
Social Security Portion
The part of payroll taxes paid by employers and employees that goes towards funding the Social Security program.
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