BUISENESS MANAGEMENT
TAXES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What are some examples of taxes that can be withheld on your paycheck?
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Federal income tax, social security tax, medicare tax
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Insurance tax, chicken tax, and horses tax
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Health wind tax, local charity tax, state tax
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Sales tax, technology tax, paper tax
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Explanation:
Detailed explanation-1: -The payroll taxes taken from your paycheck include Social Security and Medicare taxes, also called FICA (Federal Insurance Contributions Act) taxes. The Social Security tax provides retirement and disability benefits for employees and their dependents.
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