Question
The employer and employee each pay FICA social security and medicare taxes on wages. FICA socials security taxes are paid on the first $118,500 earned
The employer and employee each pay FICA social security and medicare taxes on wages. FICA socials security taxes are paid on the first $118,500 earned by an employee during the year. What is the percentage FICA social security tax? (Enter you answer as a number including the decimal point.)
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Financial Accounting A Critical Approach
Authors: John Friedlan
3rd Edition
0070967601, 978-0070967601
