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13 Employers often withhold federal income taxes directly from workers' paychecks

Accounting Jan 21, 2021

13 Employers often withhold federal income taxes directly from workers' paychecks. This is an example of which principle in practice? Multiple Choice Convenience Certainty O Economy O Equity None of the choices are correct

Expert Solution

Answer

Correct option is Convenience

There should be convenience for the taxpayer in terms of time and means in which payments are done.

Employers often withhold federal income taxes directly from the worker’s pay checks is an example of Convenience principle

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