Examlex
In sum,adolescents' lives are characterized by a combination of:
Payroll Tax Expense
Taxes that are incurred by an employer based on the salaries and wages of employees, including taxes like Social Security and Medicare in the United States.
FICA
The Federal Insurance Contributions Act tax is a United States federal payroll tax imposed on both employees and employers to fund Social Security and Medicare.
SUTA
State Unemployment Tax Act; a tax paid by employers at a state level to fund unemployment benefits for workers who lose their jobs.
FUTA
The Federal Unemployment Tax Act, which imposes a payroll tax on businesses to fund state workforce agencies.
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