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Payroll tax is a tax imposed on employers or employees based on their salaries. Learn about the different types, rates, and deductions of payroll tax in various countries, such as Australia, Austria, Bermuda, Brazil, Canada, China, Croatia, and more.
Learn about the different types and levels of taxes imposed by the federal, state, and local governments in the U.S. Find out how taxes affect income, spending, and inequality in the country.
FICA stands for Federal Insurance Contributions Act, a tax that funds federal programs for retirees, people with disabilities, and children of deceased workers. FICA applies to earned income only and is paid by both employees and employers, with different rates and limits depending on the type of income and the year.
Millions of people are on edge about their expired unemployment benefits and whether a second round of stimulus checks is coming. The Republican-proposed HEALS Act didn't include a payroll tax cut ...
Learn about the federal and state income tax systems in the U.S., including sources of law, basic concepts, rates, deductions, and credits. Find out how income is defined, taxed, and reported for individuals, corporations, and other entities.
Learn about the different types of withholding tax imposed at various levels in the US, such as wage withholding, withholding on payments to foreign persons, and backup withholding. Find out how withholding works, how to calculate it, and how to report it.
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