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.
I want to find out more! Get ready to party at one of the yearâs most anticipated Sturgis concerts when John Fogerty, lead singer, guitarist, and founding member of Creedence Clearwater Revival, takes to the legendary Wolfman Jack Stage Wednesday, Aug. 5, 2015 during the Buffalo Chipâs August music festival.