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FICA

   Also found in: Dictionary/thesaurus, Financial 0.01 sec.
AcronymDefinition
FICAFederal Insurance Contributions Act (US)
FICAFur Information Council of America (West Hollywood, CA)
FICAFederation of International Cricketers Association
FICAFirst International Computer of America
FICAFellow de l'Institut Canadien des Actuaires (French: Fellow of the Canadian Institute of Actuaries)
FICAForum for International Commercial Arbitration (now Forum for International Conciliation and Arbitration)
FICAFellow of the International Compliance Association
FICAFisher Island Community Association (Florida)
FICAFederal Insurance and Compensation Act
FICAFort Irwin Cantonment Area (California; US Army)
FICAForum for International Conciliation and Arbitration (formerly Forum for International Commercial Arbitration)
FICAFleet Imaging Command Atlantic (Navy Photographic Command based in Norfolk Virginia)
FICAFederation of Independent Carnival Associations (UK)


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3101, FICA tax is owed on all payments made by an employer to its employees.
The mechanical process for making adjustments to wages and related taxes varies depending on whether there is a correction to FICA taxes or to income tax withholding, whether the error is identified before or after the close of the calendar year of the wage payment, and whether there is an overpayment or underpayment of taxes.
FICA is just one example of the new proletariat's blindness to the problems of the real average man.
 
 
 
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