Business Advice

2017 Payroll Taxes Will Hit Higher Incomes

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Wages subject to Social Security FICA rise to $127,200; tax brackets adjusted upward. This article was written by Stepehn Miller, CEBS and originally featured at Shrm.org. The maximum amount of earnings subject to the Social Security payroll tax will climb 7.3 percent in 2017 to $127,200—up by $8,700 from the $118,500 maximum for 2016 and […]