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Your friend, Martha Stewart, owns and operates a small bakery. Her business is growing and she is considering hiring several employees. Knowing that you took

Your friend, Martha Stewart, owns and operates a small bakery. Her business is growing and she is considering hiring several employees. Knowing that you took business and accounting classes in college, she reaches out to you for help. Explain to her the various payroll deductions that she will have to account for, including the potential impact on the financial statements, if she hires additional staff.

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