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| The lowest wage permitted by law or by a special agreement. ($7.25) |
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| A fee charged for making a sale |
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| Receive an advantage; profit; gain |
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| Leave of absence granted because of illness. |
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| Pension plan: a plan for setting aside money to be spent after retirement. |
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| Overtime is the amount of time someone works beyond normal working hours. Typically over 40 hours a week. |
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| A person who organizes and operates a business or businesses, taking on financial risk to do so. Business owner |
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| Income remaining after deduction of taxes and other mandatory charges, available to be spent or saved as one wishes. |
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| Paid absence given to employee |
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| Gives employees a share of profits of the company |
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| The money you receive before making any deductions |
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| The remaining amount after deductions from the gross salary |
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| The process of exempting a person from paying taxes on a specified amount of income for themselves and their dependents |
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| You must claim the child you are taking care of |
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| The tax levied on both employers and employees used to fund the Social Security program. Usually paid in a type of payroll. |
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| Taxes withheld from a person's check and put aside for retirement Medicare plan. |
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| Money an employee makes after getting hurt on the job. |
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The form that an employer must send to an employee and the IRS at the end of the year. The W-2 form reports an employee's annual wages.
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| the easiest to complete, but may be used only by single people claiming only themselves as a personal exemption, with income only from wages, salaries, and tips, and no more than $1,500 of interest income. |
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| Incomed earned from a source other than work |
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| A sum of money paid regularly (typically quarterly) by a company to its shareholders out of its profits (or reserves). |
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| Payments paid in cash form |
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| Excise tax levied in the United States |
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| Taxes paid on taxable items. |
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| The price paid for borrowed money |
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| A payment made or income received in which no goods or services are being paid for, such as a benefit payment or subsidy |
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| The use of good or service in payment instead of money |
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| Tax measured by the amount of business done. |
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| a capital tax on property imposed by municipalities; based on the estimated value of the property. |
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