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What is spongiform encephalopathy?
Tax Liability
The total amount of taxes owed by an individual, corporation, or other entity to taxing authorities, such as the federal or state government, based on income, property value, or other taxable assets.
Tax Withheld
Funds that an employer deducts from an employee's wages for tax purposes, to be paid directly to the government.
Tax Return
The annual document submitted to a tax authority that reports income, expenses, and other relevant tax information, used to determine tax liability.
Compensation
Payment or reward given to employees in exchange for their services or the loss suffered, including salary, wages, benefits, and other forms.
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