For 2013, the employee tax rate for social security increases to 6.2%. The medicare withholding stays the same at 1.45%. The social security wage base limit will increases to $113,700.00. According to the IRS, employers should implement the 6.2% employee social security rate as soon as possible, but no later than February 15, 2013. After […]
2013 Employee Social Security Tax Rate Increases
December 15, 2012 by Oberloh CPA
Filed Under: News Tagged With: IRS, Social Security Tax Rate