{"id":1618,"date":"2013-01-22T11:40:49","date_gmt":"2013-01-22T17:40:49","guid":{"rendered":"http:\/\/blogs.acu.edu\/hr\/?p=1618"},"modified":"2013-01-22T11:40:49","modified_gmt":"2013-01-22T17:40:49","slug":"fica-increase","status":"publish","type":"post","link":"https:\/\/blogs.acu.edu\/hr\/2013\/01\/22\/fica-increase\/","title":{"rendered":"FICA Increase"},"content":{"rendered":"<p>On Jan. 1, 2013, Congress\u00a0passed the\u00a0American Taxpayer Relief Act of 2012\u00a0(H.R. 8). The legislation does\u00a0<em>not<\/em>\u00a0include an extension of the 2 percent payroll tax cut\u00a0<span style=\"color: #333333;font-family: arial, sans-serif\">of the Social Security (FICA) employee tax. The employee-paid portion of the Social Security FICA tax increased on all wage earners from 4.2 percent to 6.2 percent beginning Jan. 1, 2013. The portion of the tax paid by employers remained at 6.2 percent of employee wages. ACU&#8217;s Non-Exempt employees saw this increase in taxes on the Jan. 15 payroll, and Exempt employees will see the increase in taxes on the\u00a0Feb.\u00a01 payroll.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Jan. 1, 2013, Congress\u00a0passed the\u00a0American Taxpayer Relief Act of 2012\u00a0(H.R. 8). The legislation does\u00a0not\u00a0include an extension of the 2 percent payroll tax cut\u00a0of the Social Security (FICA) employee tax. The employee-paid portion of the Social Security FICA tax increased on all wage earners from 4.2 percent to 6.2 percent beginning Jan. 1, 2013. The [&hellip;]<\/p>\n","protected":false},"author":6988,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[18],"tags":[],"class_list":["post-1618","post","type-post","status-publish","format-standard","hentry","category-announcements"],"_links":{"self":[{"href":"https:\/\/blogs.acu.edu\/hr\/wp-json\/wp\/v2\/posts\/1618","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.acu.edu\/hr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.acu.edu\/hr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.acu.edu\/hr\/wp-json\/wp\/v2\/users\/6988"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.acu.edu\/hr\/wp-json\/wp\/v2\/comments?post=1618"}],"version-history":[{"count":3,"href":"https:\/\/blogs.acu.edu\/hr\/wp-json\/wp\/v2\/posts\/1618\/revisions"}],"predecessor-version":[{"id":1621,"href":"https:\/\/blogs.acu.edu\/hr\/wp-json\/wp\/v2\/posts\/1618\/revisions\/1621"}],"wp:attachment":[{"href":"https:\/\/blogs.acu.edu\/hr\/wp-json\/wp\/v2\/media?parent=1618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.acu.edu\/hr\/wp-json\/wp\/v2\/categories?post=1618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.acu.edu\/hr\/wp-json\/wp\/v2\/tags?post=1618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}