What Is FICA Tax, Understanding Payroll Tax Requirements

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FICA tax refers to the taxes withheld by employers for Social Security and Medicare. Learn more about the FICA tax and how it’s calculated.
What Is FICA Tax, Understanding Payroll Tax Requirements
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What Is FICA Tax, Understanding Payroll Tax Requirements
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What Is FICA Tax, Understanding Payroll Tax Requirements
According to the accountant of Ulster Inc., its payroll taxes for the week were as follows: $138.50 for FICA taxes, $18.50 for federal unemployment taxes, and $89.50 for state unemployment taxes. Jo
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