Examlex
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FICA Taxes
Taxes imposed by the Federal Insurance Contributions Act, which fund both Social Security and Medicare, requiring contributions from both employees and employers.
Federal Unemployment
The tax system in the United States that funds state workforce agencies and unemployment insurance.
Federal Income Taxes
Federal Income Taxes are taxes levied by the United States Internal Revenue Service (IRS) on the annual earnings of individuals, corporations, trusts, and other legal entities.
Property Tax Expense
The cost incurred by property owners for taxes levied by local governments, based on the assessed value of property.
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