Examlex
Describe the information age and the differences among data, information, business intelligence, and knowledge.
Withholding Base
This term represents the amount of an individual's income that is subject to tax withholding by employers, determining the portion of income that will have taxes withheld in advance.
Directly Tipped Employee
An employee who receives tips directly from customers for services rendered, often subject to different tax reporting requirements.
Form 8027
A tax form used by employers who operate large food or beverage establishments to report tips received by employees.
FICA Tax
Federal Insurance Contributions Act tax, a payroll tax deducted from employees' wages for Social Security and Medicare benefits.
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