I am doing a certified payroll report and am not certain what they mean can someone tell me what they mean on the paystub of the employee,
FICA, FEDERAL STATE TAX and SDI
what is the FICA rate for 2011
Yes that is correct.
frequency of fica payments
is there an age limit on who pays fica taxes
A Fica tax has several different purposes that serve different people. A Fica tax serves to finance government educational programs and developmental projects. A Fica tax also provides those who are disabled and/or retired with insurance.
Debit FICA Tax payable Credit Cash / bank
employers pay the fica tax
what is the FICA rate for 2011
Yes that is correct.
Social Security and Medicare are funded by FICA
frequency of fica payments
Yes.
The fica is taken out of your paychecks and added to the Social Security fund.
why wasn't fica taken out of std checks
is there an age limit on who pays fica taxes
A Fica tax has several different purposes that serve different people. A Fica tax serves to finance government educational programs and developmental projects. A Fica tax also provides those who are disabled and/or retired with insurance.
You do not calculate FICA tax by asking Answers.com. You calculate the FiCA tax by going to the Internal Revenue Web Site and looking at the information on their form. Then you plug your numbers into their formula.