Examlex
For fraudulent tax returns,the statute of limitations for IRS assessment is ten years.
Regular Earnings
Regular earnings refer to the normal income that an employee receives from their employer, including wages or salaries before deductions or bonuses.
Overtime Pay
Additional compensation provided to employees for hours worked beyond their standard working hours.
Federal and State Income Tax
Taxes imposed by the federal and state governments on taxable income earned by individuals and corporations.
Federal Insurance Contributions Act
A U.S. law that mandates a payroll tax on the paychecks of employees, as well as contributions from employers, to fund the Social Security and Medicare programs.
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