Utility Menu

We Help Solve Tax Problems

Federal Insurance Contributions Act (FICA)

Tue, 03/19/2013 - 10:07 -- tgcadmin

This is Social Security Tax. FICA consists of Social Security (supplemental retirement income) payroll tax and a Medicare (hospital insurance) tax. The tax is levied on employers, employees, and certain self-employed individuals. On some pay stubs it may be listed as some form of Old Age Survivors and Disability Insurance (OASDI).


to learn how we can help with your tax problems.