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Tax Tip: (January 19, 2012) Social Security Wage Base The Social Security wage base is $110,100 in 2012, a $3,300 increase over 2011 and the first jump since 2009. The employee social security tax rate of 4.2% has been extended by Congress for 2 months. It is expected that this will be extended for the full year of 2012. Contact Us or call today: 303.232.8300 ............................................................................................................. Let Accounting & Tax Solutions, Inc. help you navigate through the many regulations and nuances of the tax laws, to ensure that you receive the expert advice of a licensed tax practitioner: Contact Form
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