But dig deeper into the international ratings, and you quickly discover international audiences have some pretty random tastes in television. In France, for example, ABCâs short-lived 2014 crime drama Forever (the one about an immortal coroner) currently stands as the most-watched American TV show of the year. And in Romania, Lifetimeâs now-dead Drop Dead Diva is a top-ten hit.
For 2014, the employee's share of the Social Security portion of the FICA tax is 6.2% of gross compensation up to a limit of $117,000 of gross compensation (resulting in a maximum Social Security tax of $7,254).
FICA Tax Withholding. The second type of federal tax which employers are required to withhold from their employees' payroll checks is the Federal Insurance Contribution Act (FICA) tax. The FICA tax includes contributions to two federal programs, Social Security and Medicare. The tax rate for FICA taxes does not often change but the earnings on which those taxes are applied changes from year to year. In 2006, full FICA taxes of 7.65 percent were due on the first $94,200 earned. Only the Medicare portion of the FICA tax, 1.45 percent, was due on earnings over $94,200.