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Shareholder approval is required when a corporation buys all of the as?sets of an?other company.
Payroll Taxes
Taxes imposed on employers and employees based on the wages and salaries of employees, used to finance social security and Medicare programs.
State Unemployment Contributions
Taxes paid by employers to state government funds for unemployment compensation programs.
Percentage Method
A way of calculating withholding taxes on an employee's pay by using percentages defined by tax tables based on the employee's earnings and filing status.
Federal Withholding
The process by which an employer deducts a portion of an employee's income and pays it directly to the government as an advance payment of the employee's tax liability.
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