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Real Business Solutions Knowledge Base  |  General Category  |  Payroll Software FAQ  |  What is FICA? « previous next »
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Author Topic: What is FICA?  (Read 47955 times)
Real Business Solutions
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« on: March 14, 2009, 11:11:11 PM »
Social Security and Medicare taxes are collected under two systems.
Self Employment Contribution Act (SECA), the self employed person pays all the taxes.
Federal Insurance Contributors Act (FICA) the employer and the employee each pay half of the taxes.
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Real Business Solutions Knowledge Base  |  General Category  |  Payroll Software FAQ  |  What is FICA? « previous next »
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