The Federal Insurance Contributions Act (FICA) covers the tax rates for Social Security and Medicare Taxes.
Social Security taxes provide cover for the old-age, survivors, and disability insurance.
Medicare Taxes cover the hospital … Read the rest
The number of criminal prosecutions for tax evasion more than doubled in the UK during the last tax year.
HM Revenue & Customs [HMRC] successfully just over twice as many taxpayers for tax evasion during 2012/13, when compared to the … Read the rest
Changes in the Tax system have resulted in many people losing part of the 30% Rebate on Private Medical Insurance premiums.
Those singles with an income of over $84,000 in the 2012-13 tax year, are now only eligible for up … Read the rest