| A | B |
|---|
| salary | pay |
| net pay | money left after taxes |
| benefits | extras not included in gross pay |
| wages | earned money |
| tips | extras earned |
| gross pay | starting salary |
| taxes | taken out of salary |
| annual | yearly pay |
| biweekly | pay for every 2 weeks |
| monthly | monthly pay |
| weekly | weekly pay |
| alimony | money given to former spouse for children |
| child support | money given to former spouse for dependent children |
| audit | mistake on taxes found by IRS |
| progressive taxes | increasing |
| regressive taxes | decreasing |
| tax evasion | willful failure to pay taxes |
| deductions | amount deducted from gross pay |
| exemptions | allowance the taxpayer pays for each person |
| fixed expenses | remain constant |
