Fleeing their homes, many syrians left behind middle-class lives; most arrived with none of the mementos that stir memory.
Federal Insurance Contributions Act (FICA) FICA is an act of the federal government that requires employers and employees to pay taxes for the Social Security and Medicare benefits programs according to rates set by the federal government.
Many employee fringe benefits are exempt from payroll taxes, both Federal Insurance Contributions Act (FICA) or Federal Unemployment Tax Act (FUTA) taxes, as long as certain requirements are met. And because they are not taxable to the employee for income tax purposes, there is no need to withhold income tax on the value of the payments. There are certain fringe benefits that are not totally exempt from payroll taxes. For example, an employee fringe benefit may be exempt from withholding, but still subject to FICA and FUTA taxes.