Examlex
Name and describe the types of direct- and indirect-action headlines.
Medicare Taxes
Taxes collected from employees and employers to fund the Medicare program, which provides healthcare benefits to retirees.
State Income Taxes
Taxes imposed by individual states on the income generated by businesses and individuals within that state.
Liability Account
A type of accounting record that shows the obligations or debts a company owes to others.
Withheld FICA Taxes
Taxes deducted from employees' paychecks to fund Social Security and Medicare, which employers also match.
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