How Accounting and Tax Pros Can Help Clients Strategize on Social Security
CPA Practice
OCTOBER 17, 2023
Here’s what you need to know: If the individual works for an employer, the Social Security tax is withheld from the paycheck and gets reported by their employer through payroll taxes. It is important to note that if the individual is receiving a W-2, the individual and their employer each share the tax burden of 6.2%.
115 
Let's personalize your content