Sentences with phrase «wage withholding for»

That is only a fraction of the income - tax rate that most workers pay — on top of which is piled the 11 % FICA wage withholding for Social Security and Medicare that all workers have to pay on their salaries up to the cut - off point of about $ 102,000 (This cut - off frees from this tax the tens of millions of dollars that hedge fund traders pay themselves).

The major elements in U.S. family budgets are housing (with prices bid up on credit), debt service and health insurance — and wage withholding for financializing Social Security and Medicare.

Not exact matches

One would hardly realize that the problem facing U.S. industrial employment is that wage earners must earn enough to pay for the most expensive housing in the world (the FDIC is trying to limit mortgages to absorb just 32 per cent of the borrower's budget), the most expensive medical care and Social Security in the world (12.4 per cent FICA withholding), high personal debt levels owed to banks and rapacious credit - card companies (about 15 per cent) and a tax shift off property and the higher wealth brackets onto labor income and consumer goods (another 15 per cent or so).

For years the AKB claimed «Kroenke is withholding funds» despite clear evidence the wage bill was enormous and getting bigger each year.

If you won't reach your full retirement age in 2018 but have already claimed benefits, the SSA can withhold $ 1 in benefits for every $ 2 in wage income above $ 17,040.

Meanwhile, if you will hit your full retirement age later this year, the SSA can withhold $ 1 in benefits for every $ 3 in wage income above $ 45,360.

Irregular wage payments fall under the flat rate withholding rule (the 25 % for Federal, some States have similar rules for State withholding).

Wage garnishment is the procedure of withholding money from your wages to pay for your student loans.

«A wage garnishment is any legal or equitable procedure through which some portion of a person's earnings is required to be withheld by an employer for the payment of a debt.

Such payments may be necessary, for example, if you are self - employed, or if your wage withholding is not sufficient.

If you work for more than one employer in the same year, each one will withhold at the higher rate until your earnings at that employer exceed the wage base.

Irregular wage payments fall under the flat rate withholding rule (the 25 % for Federal, some States have similar rules...

Wage garnishment occurs when an employer is required to withhold an individual's earnings for the payment of a judgment based on a court order or the order of a government agency (i.e. the CRA).

If your 2017 refund status begins We sent you a letter requesting information to verify the amount of taxes withheld from wages you may have claimed on your return, we have mailed you a request for wage and withholding information.

The W - 2 Wage and Tax Statement is used to report an employee's wages and taxes withheld for the year.

The W - 2 Wage and Tax Statement is a form used to report an employee's wages and taxes withheld for the year.

In Ives Camargo's Case, issued today, the highest court in Massachusetts confirmed that there are varying statutory tests to determine employee verses independent contractor status for purposes of the workers» compensation, unemployment insurance, wage, and tax withholding laws:

Court papers, canceled checks or wage withholding statements that show how much you pay for child support.

If the court issues an order for missed payments, the judgment can be paid from a wage garnishment order wherein a percentage of the owing spouse's paycheck is withheld and transferred to the spouse owed alimony.

Since January 1994, the United States government has mandated that all child support orders include provisions for payment through income withholding or wage garnishment.

The state may take action to impose wage withholding, which establishes automatic deductions for child support from the noncustodial parent's paychecks.

If granted, a wage withholding order requires direct deductions from the ex-spouse's wages to pay the amounts owed for child support and alimony.

A parent can ask for enforcement help and request a wage withholding order through the Oregon Department of Justice Division of Child Support.

Alternatively, a party may also request a wage withholding order through the same court that handled the original case for divorce.