Social Security Administration Announces Updated Wage Base Change for 2018

The Social Security Administration announced last Monday, November 27, 2017 that the taxable wage base for the Social Security component of FICA taxes has been lowered to $128,400 for 2018. Previously in October, the Social Security Administration announced that the wage base would increase to $128,700 (up from $127,200 in 2017); however, they have since […]

Read More

More From the Blog

When does professional association management make sense?

If your new or fast-growing not-for-profit could use an extra pair of experienced hands, an association management company (ACM), with its turnkey infrastructure, might be able to help. AMCs are paid to manage your nonprofit’s business, leaving you to concentrate on its mission. Business on their mind Your organization can rely on an AMC for […]

Read More

2018 Contribution Limits and Other Updates for Payroll

The IRS and the SSA recently announced increases to limits that will affect 2018 payroll and withholdings. Please see the highlights below. Social Security Wage Base for 2018: The Social Security wage base will increase to $128,700, up from $127,200 in 2017. The maximum Social Security tax that employers and employees will each pay is […]

Read More