The following changes were
effective January 1, 2013 the deductions will effect payroll check dated
January 11, 2013.
FICA Tax Changes
·
Social security tax rate goes back to the standard 6.2% (2%
increase)
·
Average employee making $1000 gross pay will see an additional $20
being deducted
·
Biweekly and one time deductions
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