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In 2014,how much did the government budget for the EI program?
Journal Entry
A record in the books of account that represents a financial transaction.
Payroll Taxes Expense
Taxes that employers are required to pay based on the wages and salaries of their employees, such as Social Security and Medicare taxes.
FICA Tax
A U.S. federal payroll tax used to fund Social Security and Medicare, distributed between employees and employers.
FUTA Tax
A United States federal tax levied on employers to fund state workforce agencies and unemployment benefits.
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