When you pay for a Shopify plan you also receive reliable and unlimited web hosting. This is a huge plus, since it can save you over $100 per year. The fast servers have around a 99.94% uptime, and the unlimited email forwarding gives every person in your organization an email address with your domain name in it.
The 2017 Social Security wage base increased by $8,700. The wage base in 2017 is $127,200. The 2016 Social Security wage base was $118,500. The Social Security wage base has increased in four of the last five years.
For an employee with an annual salary of $200,000 in the year 2015, only the first $118,500 is subject to the Social Security tax. This means that in addition to the withholding of $7,347, the employer must also pay $7,347.The wage bases range from $7,000 to more than $30,000.) If a state's unemployment wage base is $14,000 then the state unemployment tax rate is applied only to the first $14,000 of each employee's annual salary and wages.