Examlex
Whenever we discuss a relationship with another, we are
Federal Income Tax
The annual income of individuals, corporations, trusts, and other legal organizations is subject to taxation by the IRS.
Gross Pay
It's the total amount of compensation that an employee receives before any deductions, such as taxes and retirement contributions, are made.
FICA-OASDI
The portion of the U.S. Federal Insurance Contributions Act tax that funds the Social Security retirement, disability, and survivors' benefits.
Federal Income Tax
A tax levied by the federal government on the annual income of individuals, corporations, trusts, and other legal entities.
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