Examlex
Discuss how distractions can be detrimental to your success in college, and describe three strategies for protecting yourself against distractions.
Social Security Tax
A tax that finances the Social Security program, collected from both employers and employees, to fund retirement, disability, and survivorship benefits.
Federal Income Tax
The tax levied by the U.S. federal government on the annual earnings of individuals, corporations, trusts, and other legal entities.
State Unemployment Tax
A tax that employers are required to pay to their state government to fund unemployment benefits for workers who have lost their jobs.
Payroll Tax Expense
This refers to the taxes that an employer is responsible for paying on behalf of its employees, which generally include social security and Medicare taxes.
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