Federal income tax bracket changes for 2026 could mean your take-home pay is slightly higher in the New Year. Here's what ...

Anyone who makes more than $176,100 didn't pay Social Security tax on income above that amount in 2025. In 2026, they'll pay ...

A civil engineer earning $176,100 in 2025 per year looks the same as Elon Musk in the eyes of the Social Security system.

When employers pay their employees, they must remit payment for federal, state and, in some cases, local programs. Employees also pay a portion of the tax bill, but self-employed individuals must ...

Payroll taxes are deducted from an employee’s paycheck specifically for Social Security, Medicare, and unemployment. Confusion about FICA vs FUTA arises because both are similarly named types of ...

The accrual method of accounting is accepted by the generally accepted accounting principles, also known as GAAP. Under this methodology, revenue and expenses are recognized in the accounting books as ...

In 2026, Social Security payroll taxes will rise for high earners. The wage base limit increases from $176,100 to $184,500.