Examlex
If you have serious concerns about the qualifications of a job candidate who has asked you for a written recommendation,you should
Social Security Tax
A payroll tax that funds the Social Security program, which provides benefits for retirees, the disabled, and children of deceased workers.
Medicare Tax Rate
The percentage of an individual's or employee's earnings that is collected by the government to fund Medicare, a federal health insurance program.
State Unemployment Tax
A tax imposed on employers by the state government to fund unemployment benefits for workers who have lost their jobs.
FICA Taxes Payable
Amounts due for Social Security and Medicare taxes, required to be withheld from employees' paychecks and matched by employers.
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