Employer-paid group-term life insurance coverage in excess of $50,000 This fringe benefit is subject to the withholding of Social Security and Medicare taxes (FICA) only. Though the amount is included in gross wages, federal and state income tax withholding is not required.
To get the answer to that question, we need to look back more than a century. Alexander Graham Bell invented the telephone in 1876. And then in 1900, on December 23 on the outskirts of Washington, D.C., an inventor named Reginald Fessenden accomplished a remarkable feat: He made the first wireless telephone call.
Samidha Verma. Like all other inventions, Telephone unfolds a fascinating story that lead to its birth. It all started when an inspired Scotsman named Alexander Graham Bell invented telephone in 1876. Thomas Watson had fashioned the device-a crude thing prepared out of a funnel, wooden stand, acid, and cooper wires.All these simple parts lead to the simple earliest call, belie the complicated past.ut a major breakthrough in this field came when unique combination of voice and electricity led to actual invention of telephone by Graham Bell in 1876. He then got his patent issued for Improvements in Telegraph in the same year.