FICA deduction consists of
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The Federal Insurance Contributions Act (FICA) is the federal law that requires you to withhold three separate taxes from the wages you pay your employees. FICA is comprised of the following taxes: 6.2 percent Social Security tax; 1.45 percent Medicare tax (the “regular” Medicare tax); and . other
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FICA deduction consists of many laws that rqireard to the three separate parts of taxes to from the ways to pay your emplocyees...........
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