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Payroll Tax
Taxes imposed on employers or employees, based on the salary paid to employees.
Federal Personal Income Tax
A tax levied by the U.S. government on the annual income of individuals, households, and trusts.
Wages
Compensation provided to employees for their work, often determined on a per hour, per day, or per task completed basis.
Social Security Tax
Taxes levied on both employers and employees to fund the Social Security program, which provides retirement, disability, and survivor benefits.
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