Taxable Wages, in payroll, is the sum of all earnings by an employee that are eligible for a particular type of tax. Each tax is different and has different regulations about limits to the amount of wages that can be considered taxable with respect to that tax.
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Famous quotes containing the word wages:
“When it comes to finances, remember that there are no withholding taxes on the wages of sin.”
—Mae West (1892–1980)