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A business that relies on sales can make an additional absolute net profit by lowering its net profit margin and driving sales up as people buy goods from its stores. Dillard’s, a well-known department store, has used this approach in the past. At the time, this was lower than other
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“Wages” are broadly defined as generally including all remuneration for employment, including cash value of all remuneration (including benefits) paid in any medium other than cash. Wages must be subject to Social Security and Medicare taxes in order to be treated as qualified wages. A new law taking effect in
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