FICA


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FICA

abbr.
Federal Insurance Contributions Act

FICA

(ˈfaɪ kə, ˈfi-)

also F.I.C.A.,

Federal Insurance Contributions Act.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.FICA - a tax on employees and employers that is used to fund the Social Security system
income tax - a personal tax levied on annual income
Translations

FICA

(US) abbr of Federal Insurance Contributions Act (Jur) Gesetz über die Einbehaltung von Sozialversicherungsbeiträgen; a third of Jack’s salary went to FICAein Drittel von Jacks Gehalt ging an die Sozialversicherung
References in periodicals archive ?
In the last AGM (Annual General Meeting) of the FICA, it was decided to form the advisory board and member of all Board Members were asked to propose name and we suggested Sanga's name",Ken De Alwis added.
On the upcoming T20I series between Pakistan and the Windies, the executive director of FICA, Tony Irish said the security consultant was satisfied with the arrangement.
FICA Executive Chairman Tony Irish, while responding to the outcomes of this week's International Cricket Council (ICC) meetings in Dubai, said decisions made at this critical juncture were not only significant for future of the game, but also has impact on players around the world.
However, the hearing became meaningless as major witnesses failed to appear," FICA said in a press release.
StoneCastle Cash Management, LLC has enhanced its Federally Insured Cash Account (FICA) program, allowing clients to get the benefit of up to USD60 million of FDIC insurance per tax ID with next day liquidity, the company said.
FICA and FUTA tax treatment regarding "employer-sourced" contributions to Sec.
Goals from Nick Lord and Garrick Murphy-Collins helped give Fica an early lead but high-scoring NUFC Kicks came fighting back to go into half-time at 4-4 thanks to strikes from Michael Leech and John Woodford.
Goals from Nick Lord and Garrick Murphy-Collins helped give Fica an early lead, but high scoring NUFC Kicks side came fighting back to go into half-time at 4-4 thanks to strikes from Michael Leech and John Woodford.
Quality Stores reported the payments as wages and withheld income tax accordingly; it paid the employer's share of FICA tax and withheld the employee's share.
Dedie au film engage depuis sa creation en 2009, le Fica s'est pourtant constitue un capital appreciable en termes de frequentation, particulierement grace a sa selection documentaire et a la presence de grands noms du cinema comme Oliver Stone et Costa Gavras, presents respectivement aux editions 2011 et 2012.
Conversely, a SUB-Pay Plan is a better overall tax strategy that lowers severance costs, reduces a company's administrative workload, and provides more benefits to laid-off workers due to the FICA tax exemption.
Statutory employers, such as payroll service companies, are required to remit employer FICA and FUTA taxes and employee FICA taxes even though they are not common law employers.