2017 Social Security Wage Base
The Social Security Administration announced that the wage base for computing the Social Security tax (OASDI) in 2017 will increase to...
Tax Tip Tuesday: What You Need to Know for 2016
For the past couple of months, we've been informing you of important tax law updates and information for 2016. In this post you will find...
Tax Tip Tuesday: 2016 Social Security Wage Base
Today we will discuss the Social Security wage base for 2016. The Social Security Administration has announced that the wage base for...
Social Security Wage Base for 2014
Today we will address the updated Social Security wage base for 2014. The Social Security Administration has announced that the wage base...
Medicare Tax
Due to several recent client inquiries, today we are going to revisit the topic regarding increased hospital insurance tax (Medicare tax)....
Social Security & Medicare Tax for Earned Income
The Federal Insurance Contributions Act, or FICA, is made up of the Social Security Tax and the Medicare Tax. For both employees and...