Social Security Max increase to $117,000 for 2014

Each year, the government bumps up the maximum Social Security taxes that you can pay. For 2014, the maximum wage base jumps to $117,000, an increase of $3,300, or 2.8%, over the max of $113,700 that was in place for 2013. The Social Security Administration predicts...

COST OF MEDICAL DEVICES TO INCREASE JAN.1 – PT.1

Owners of medical and dental practices beware! Due to a provision included in the Affordable Care Act, the cost of medical devices is set to increase by 2.3% on January 1, 2013. Called an Excise Tax, manufacturers are required to collect a COST OF tax equal to 2.3% of...