Only the Social Security tax has a wage base limit. The wage base limit is the maximum wage that is subject to the tax for that year. For earnings in 2015, this base is $118,500. Refer to Whatâs New in Publication 15 for the current wage limit for Social Security wages; or Publication 51 for agricultural employers.There is no wage base limit for Medicare tax.axes under the Federal Insurance Contributions Act (FICA) are composed of the old-age, survivors, and disability insurance taxes, also known as Social Security taxes, and the hospital insurance tax, also known as Medicare taxes. Different rates apply for these taxes.
Physical properties are those that can be observed without changing the identity of the substance. The general properties of matter such as color, density, hardness, are examples of physical properties. Properties that describe how a substance changes into a completely different substance are called chemical properties. Flammability and corrosion/oxidation resistance are examples of chemical properties.
Chemical properties are any of the properties of matter that may only be observed and measured by performing a chemical change or chemical reaction.Chemical properties cannot be determined by touching or viewing a sample; the structure of the sample must be altered for the chemical properties to become apparent.hemical properties are any of the properties of matter that may only be observed and measured by performing a chemical change or chemical reaction. Chemical properties cannot be determined by touching or viewing a sample; the structure of the sample must be altered for the chemical properties to become apparent.