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Social Security Tax

Source: https://www.dancingnumbers.com/tax/2023-social-security-tax-limit/

The Social Security tax is one of two taxes mandated for collection by all employers under the Federal Insurance Contributions Act (FICA). It represents a portion of an individual's total earnings that is contributed by most employees, employers, and self-employed individuals to support the federal program. Let's learn more though this article.

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Social Security Tax
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Business

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Taxation

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