Expect to Withhold More Dollars for Social Security Tax in 2022

The long-awaited report from the feds detailing the 2022 Social Security projected taxable wage base has been released. Data from the 2021 Annual Report of the Board of Trustees of the Federal Old-Age and Survivors Insurance and Federal Disability Insurance reflects that we will be expected to withhold more Social Security tax in 2022.

Please click here to read more about this rate increase.

Source: KeepUpToDatePayroll.com