Keep in mind when calculating Social Security tax, the percentage rate is gross pay times 6.2 percent (.062) and the Medicare rate is 1.45 percent (.0145) times the gross pay. For the employeeâs paycheck shown above, we have deductions of: 1  Federal - $12.00. 2  Social Security - $22.32.
January 27, 2017 Sturgis News 0. Sturgis, SD (January 27, 2017) â Two well-known and highly experienced motorcycle rally event specialists have recently joined the Sturgis Buffalo ChipÂ® team. Brenda Vasknetz and Tammy Bohn, both former executives with the City of Sturgis Rally Department, will now be assisting the Buffalo Chip.
1 If you have a Permanent South Dakota Sales Tax license, but are operating in a temporary location during the Sturgis Motorcycle Rally, you need to apply for the Temporary South Dakota Sales Tax License.  If you are a first time vendor you must post a $500 bond.