Examlex
What is the purpose of a database?
Wages
Payment to an employee from an employer for the labor or services performed, typically calculated on an hourly, daily, or piecework basis.
Salaries
Fixed regular payments made by an employer to an employee, typically expressed as an annual sum and taxed as ordinary income.
Tips
Additional money given to service workers for performed services, which is considered taxable income by the IRS.
Tax Liability
The total amount of tax owed to the government by an individual, corporation, or other entity by a specified date.
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