AP can perform the entire authorization function or selected portions of the process in cooperation with your host system. And, because the Visa DPS authorization system is flexible, you may customize support to meet your specific business requirements.
If desired, you can request voluntary Federal tax withholding from your monthly Social Security benefits. You may find doing this easier than paying quarterly estimated tax payments. See http://www.socialsecurity.gov/planners/taxwithold.htm.
Types of Income Tax Withholding. Part of what is funded through the federal income tax withholding is the unemployment tax. A separate tax amount, known as the FICA (Federal Insurance Contributions Act) tax, is levied for Social Security and Medicare. However, the FICA amounts are not recoverable at income tax reporting time.