FICA

Tax

Worker Classification Conundrum: Employee or Independent Contractor?

If your clients have workers they consider to be independent contractors, you may want to drill down to ensure they are classifying them correctly and they're not actually employees in the eyes of the government.
Tax

Social Security Wage Base Projected at $115,500 for 2014

The Social Security Administration (SSA) Office of the Chief Actuary (OCA) has projected that the Social Security wage base will increase from $113,700 for 2013 to $115,500 for 2014.