Indian students on OPT in the US currently benefit from FICA tax exemption, saving thousands annually. However, proposed US ...

Senator Tom Cotton has introduced legislation titled ‘OPT Fair Tax Act’, which requires foreign workers participating in the ...

Two of the largest pieces of the federal budget — accounting for over a third of total federal spending — are Medicare/Medicaid and Social Security. These two programs represent an essential safety ...

Looking at the line-item deductions on your paycheck, you might have wondered what exactly FICA is, and why it's taking money out of your earnings. FICA is an acronym for the Federal Insurance ...

Tax season is upon us, but the road ahead doesn’t have to feel daunting. We’re breaking down the terms, forms and deadlines you need to know to responsibly file your taxes in 2023 – starting with FICA ...

*Refers to the latest 2 years of stltoday.com stories. Cancel anytime. Employees at U.S. businesses are required to pay what are known as FICA taxes, often referred to as payroll taxes. Your FICA ...

New employees must complete both Form W-4 (Employee’s Withholding Allowance Certificate) and Form VA-4 (Employee’s Virginia Income Tax Withholding Exemption Certificate) online in Workday. If no form ...

Employees at U.S. businesses are required to pay what are known as FICA taxes, often referred to as payroll taxes. Your FICA taxes impact your final net pay and are determined by the amount of your ...