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What are the advantages of database systems?
Gross Wages
The total amount of money earned by an employee before any deductions or taxes are taken out.
Federal Withholding
The practice of an employer withholding income tax from an employee's paycheck and directly paying it to the government.
Social Security Tax
A mandatory contribution to the U.S. Social Security system, levied on both employers and employees, to fund retirement, disability, and survivorship benefits.
Medicare Tax
A federal tax paid by employees and employers to fund the Medicare program, which provides health insurance for individuals who are 65 years of age and over, or who meet other specific criteria.
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