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How do income tax laws affect payroll deductions?
Tax law deductions are classified as mandatory or voluntary. Under the Income Tax law a mandatory deduction from gross income is the federal income tax that is deducted from employees' salaries and wages pursuant to federal or state law. [ A deduction under that tax law effects payroll by lowering the amount of the employee's pay. ]
Expert answered|nexie10|Points 319|
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Asked 9/2/2013 2:18:15 PM
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what are the Pros and Cons of Being an employee
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