Resources

Federal Links


Begin your Federal tax research with links to direct sources for help with withholding, unemployment and other tax laws.

Please notify Kasam Hamza if any of the links below are not working.

Social Security (Old age, survivors, and disability insurance):

  • 4.2% on $106,800 in 2011 for employee
  • 6.2% on $106,800 in 2011 for employer
  • 10.4% on $106,800 in 2011 (self employed)

Medicare basic hospital insurance:

  • 1.45% on all wages (employee & employer)
  • 2.9% on net earnings (self employed)

401(k) limit:

  • $16,500 for 2011, those age 50 and over can contribute up to $22,000.

Minimum Wage:

  • $7.25 per hour effective 7/24/09