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Internal entities are included on both data flow diagrams (DFDs) and systems flowcharts.
Income Statement
A financial report detailing a company's financial performance, including all income and expenses, ultimately showing the profit or loss over a defined time.
FICA Tax Rate
The percentage of an employee's gross earnings required by law to be withheld by the employer for Social Security and Medicare taxes in the United States.
Federal Income Tax
The tax levied by the IRS on the annual earnings of individuals, corporations, trusts, and other legal entities.
Net Pay
Gross earnings less payroll deductions.
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