Examlex
Which of the following associations is not correct?
Withholding Allowance
A determination made by employees on their W-4 form that influences the amount of federal income tax withheld from their paycheck.
Federal Income Tax
A yearly fee assessed by the national government on the income of individuals, corporations, trusts, and assorted legal entities.
Gross Earnings
The total income earned by an individual or business before any deductions like taxes or benefits.
FUTA
Federal Unemployment Tax Act; a United States federal law that imposes a payroll tax on businesses to fund state workforce agencies.
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