After we posted our video on "How Obamacare works" tons of commenters asked how Obamacare is paid for. Often, the question was NSFW. But you ask, we answer. In this episode, we will explain how much Obamacare costs, and what spending...

Payroll taxes are taxes created by the federal income contributions act or FICA. Payroll taxes are an obligation shared by employers and employees to fund Social Security and Medicare programs. An employer withholds FICA taxes from an...

Employer Witholding Requirements from Employee Wages

Taxes are withheld from employees’ gross earnings each pay period. The taxes are sent by the employer to the respective government agencies. Additional calculations are required to determine the amount the employer must send to the IRS.

After we posted our video on "How Obamacare works" tons of commenters asked how Obamacare is paid for. Often, the question was NSFW. But you ask, we answer. In this episode, we will explain how much Obamacare costs, and what spending...

Employer Witholding Requirements from Employee Wages

Payroll taxes are taxes created by the federal income contributions act or FICA. Payroll taxes are an obligation shared by employers and employees to fund Social Security and Medicare programs. An employer withholds FICA taxes from an...