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« SEC Enforcement | Main | Revenue Recognition Part I »
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Nov 5
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 The FICA tax rate, which is the combined social security tax rate of 6.2% and the Medicare tax rate of 1.45%, remains at 7.65% for 2007. The maximum social security tax employees and employers will each pay in 2007 is $6,045. This is an increase of $204.60 from the 2006 maximum of $5,840.40. |
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