Examlex
A person who spends a decent amount of time identifying and sharpening existing skills
Deductions
Expenses or amounts subtracted from gross income to reduce the taxable income.
FICA-OASDI
Refers to the Social Security portion of the Federal Insurance Contributions Act tax, covering both the Old Age, Survivors, and Disability Insurance.
Cumulative Earnings
The total amount of net income an entity has earned over its life, up to the current reporting date, not yet distributed to shareholders.
FICA-Medicare
A federal payroll (or employment) tax contribution towards Medicare, part of the FICA taxes in the United States.
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