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.
Who invented telephone? The first telephone was made by Alexander Graham Bell in 1876. Historians believe that another inventor Elisha Gray also invented the telephone at the same time independently and both the inventors rushed to the patent office to get their invention patented but Graham Bell got the patent first on March 7, 1876. Graham bell was born on March 3, 1847 in Edinburgh Scotland.