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NEWS

IMPORTANT Payroll Tax Information Image

IMPORTANT Payroll Tax Information

Tax

The new year brings a change in the take home pay of everyone receiving a paycheck. Effective 1/1/2013 the payroll tax holiday for Social Security tax has expired. This means that the Social Security tax reverts back to the pre-2011 rate of 6.2%-up from 4.2% . Another component of...

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