The Federal Insurance Contributions Act (FICA) tax is a federal payroll tax imposed on employees and employers to fund Social Security and Medicare programs. FICA tax is a critical...
Posted by Pat Raskob on 03/14/2023
Opening up the business of your choice is not a walk in the park. It is not enough that you have the necessary capital to invest in the type of shop or store that you have been planning...
Getting remarried is not a simple action and is not treated as a normal circumstance when it comes to Social Security benefits. Social Security is made of many rules that cannot be...
Posted by CORE PERFORMANCE on 08/24/2022
At the point when a companion bites the dust, their Social Security benefits may end up accessible to their present or previous wedded partner, contingent upon specific conditions....
Posted by Debi G Hill, CPA on 07/25/2019
Have you ever wondered whether the nest eggs of other Americans are the same as your retirement savings? Have you ever asked yourself whether you can live off of your income from your...
When a spouse dies, there can be a lot of financial considerations, especially if the spouse that passes was the primary breadwinner or the one who handled the retirement planning....
Social Security provides multiple benefits to individual taxpayers during various stages of their lives. This means that benefits can be collected in cases of disability and retirement....
There are five general types of business taxes that small businesses must file at the end of the tax year. The business you operate determines which of the following taxes you must...
Posted by East West Accounting Services LLC on 01/06/2016
The first thing to note when it comes to self-employed tax, SE tax, is that it only refers to Medicare taxes and Social Security benefits. Self-employed persons may be required to...
Posted by East West Accounting Services LLC on 01/06/2016