FICA dates back to 1935, the same year the U.S. established the Social Security program. In 1965, FICA was expanded to ...

Social Security and Medicare taxes fall under the FICA umbrella, but there are differences between them; they key distinction ...

*Refers to the latest 2 years of stltoday.com stories. Cancel anytime. Employees at U.S. businesses are required to pay what are known as FICA taxes, often referred to as payroll taxes. Your FICA ...

Two of the largest pieces of the federal budget — accounting for over a third of total federal spending — are Medicare/Medicaid and Social Security. These two programs represent an essential safety ...

Tax season is upon us, but the road ahead doesn’t have to feel daunting. We’re breaking down the terms, forms and deadlines you need to know to responsibly file your taxes in 2023 – starting with FICA ...

Compensation is generally subject to federal income tax and FICA tax when compensation is actually paid to an employee. However, nonqualified deferred compensation (NQDC) may be subject to FICA ...

Employees at U.S. businesses are required to pay what are known as FICA taxes, often referred to as payroll taxes. Your FICA taxes impact your final net pay and are determined by the amount of your ...