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federal changes


2018 Federal Payroll Tax Rates

December 18, 2017 | posted by Abacus Payroll
Following is a summary of the federal 2018 payroll tax changes including Social Security, Medicare, Unemployment Tax, Minimum Wage, 401(k) limits and more.   Print Full 2018 Payroll Tax Alert [PDF]   Social Security / Medicare The wage base increases to $128,400 for Social Security and remains UNLIMITED for Medicare. For Social Security, the tax rate […]
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Federal Payroll Tax Changes in 2014

July 7, 2014 | posted by Abacus Payroll
Social Security / Medicare   The wage base increases to $117,000 for Social Security and remains UNLIMITED for Medicare. For Social Security, the tax rate is 6.20% for both employers and employees (Maximum Social Security tax withheld from wages is $7,254.00 in 2014). For Medicare, the rate remains unchanged at 1.45% for both employers and […]
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