it's what you name it and categorize it under so if it's legal then it deals with legal issues
employers pay the fica tax
what is the FICA rate for 2011
Social Security and Medicare are funded by FICA
Yes, seniors over 65 who are still working are subject to FICA deductions (Social Security and Medicare taxes) on their wages. Once they start receiving Social Security benefits, they no longer have to pay the Social Security portion of FICA, but they still contribute to Medicare through payroll taxes.
frequency of fica payments
why wasn't fica taken out of std checks
Yes.
The fica is taken out of your paychecks and added to the Social Security fund.
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.
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
The maximum amount of wages subject to the FICA-Social Security tax for 2009 is $106,800. There is no limit on the amount of wages subject to the FICA-Medicare tax.