Social Security Wage Base Increases For 2013

As we wait for Congress to decide how they will address the “fiscal cliff”, we thought it would be a good time to update you on some of the increased limits applicable to 2013.

The Social Security Wage Base increases $113,700 for 2013. The “nanny tax” threshold remains at $1,800 for 2013.

Please let us know if you have any questions or need any additional information.

 

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