Examlex
A live theater performance cannot be touched like a physical object,but is still considered a product.To a marketer,this is an example of
Taxable Wage Base
The maximum amount of an employee's earnings that are subject to certain taxes, such as Social Security tax, within a given tax year.
Employer's Portion
The part of employment taxes and benefits that the employer is responsible for paying, separate from employee withholdings.
Taxes
Mandatory financial contributions imposed by a government on individuals, corporations, and other entities to fund public expenditures.
FICA
FICA stands for the Federal Insurance Contributions Act and refers to the taxes collected to fund Social Security and Medicare programs in the United States.
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