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Related to Social Security Tax: Medicare Tax, Federal income tax
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SSTSea Surface Temperature
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SSTSerial Scan Test
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SSTShape Shifting Trie (longest matching prefix lookup)
SSTScalable Spanning Tree
SSTStakeholder Support Team (Pension Protection Fund; UK)
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References in periodicals archive ?
The IRS did not contest that the client company was the common law employer or that Social Security taxes had been overpaid, but it denied the refund claim.
But is the net investment income tax a social security tax? Under the SSTA, the covered taxes are listed as those imposed by Internal Revenue Code chapters 2 (self-employment tax) and 21 (Federal Insurance Contributions Act (FICA) tax).
Even though we expect real disposable incomes to accelerate to 4.7% growth in 2012 due to a reduction in social security tax, this will not be enough to overcome the negative effect on consumer demand from a deceleration in credits.
Food or beverage establishments are provided with a business tax credit equal to the amount of the employer's Social Security tax obligation (7.65%) attributable to reported tips in excess of those treated as wages for purposes of satisfying the minimum wage provisions of the Fair Labor Standards Act (FLSA).
Historical Increases Of Social Security Taxes Based Upon Maximum Wage Base (does not include employer's "matching" contribution) Year $144.00 1960 $374.40 1970 $2,587.67 1980 $3,924.45 1990 $5,829.30 2000 $8,170.20 2010
So the debate over who bears most of the cost of the Social Security tax has to consider the relative elasticities of labor supply and demand.
Without true reform, Social Security tax increases will be placed on those still working and their future benefits cut.
The federal budget deficit, now at a record $450 billion before counting the costs of the war in Iraq, would be a third larger but for the surplus Social Security tax.
To help students understand the current debate over Social Security: whether to keep the 70-year-old government-guaranteed retirement and social-insurance system basically as it is, or to allow workers to invest part of their Social Security taxes in private, or personal, accounts.
Section 3509 states that the employer's tax liability due to misclassification of a worker is made up of two components: income tax withholding and employee Social Security taxes. The income tax withholding component is computed as 1.5% of the wages paid to the misclassified employee.
This was because young persons would tend to pay a high net social security tax and low income tax, while the old would pay a high income tax and low net social security tax.
"If the Social Security tax burden gets so high that we are taking food off the table of our children, you could end up with a society that implodes ....
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