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Ch 10: Career &Taxes

Vocabulary terms from Chapter 10: Career and Taxes

TermDefinition
Career Your line of work
Cover Letter Letter informing a prospective employer that you are interested in working for their company
FICA (Federal Insurance Contributions Act) Government legislation that funds Social Security
Income Tax Progressive tax on the financial income
Interview Meeting between an employer and an applicant; the employer asks the applicant questions to assess whether he or she has the right social skills and intelligence for the job
Payroll Deduction Amount subtracted from a paycheck, either by government requirement (mandatory taxes, Social Security, etc.) or at the employee’s request (health insurance, retirement plan, etc.)
Resume Document that lists personal and work history
Created by: mgarda