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 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 […]


What Is The Social Security Tax Rate?

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The Social Security tax rate is 12.4% but only half is paid by employees and only income below a certain limit is included. This article is a reprint from Social Security tax is one part of the Federal Insurance Contribution Act (FICA) tax, and it is assessed at a rate of 12.4%. This is split […]