Posted by Pat Turner on 10/25/2012 to Federal and State Taxes
Contributing to your U.S. Social Security Coverage
IncSmart Delaware (Small Business and Startups) - If you work as an employee in the United States, you must pay social security and Medicare taxes in most cases. Your payments of these taxes contribute to your coverage under the U.S. social security system. Your employer deducts these taxes from each wage payment. Your employer must deduct these taxes even if you do not expect to qualify for social security or Medicare benefits. Whenever an employer pays a salary or wages to an employee, the employer and the employee both must pay Social Security tax (FICA).
More results: 1 2 3 4 5 6 7 ...41 Next Page