Social security taxes and tax management
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"Social security taxes have increased dramatically since the system began in 1936. In 1955, the maximum annual social security tax which a self-employed individual could pay was $126. In 1985, the maximum is $4,672 - a 3,798 percent increase. This guide sheet provides an introduction to social security taxes and explains the 1983 changes in those tax laws. It should not be used as a substitute for professional advice. Consult your accountant, the Internal Revenue Service or your local Social Security Administrations office for specific tax questions."--First page.
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Archive version. For the most recent information see extension.missouri.edu.
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OpenAccess.
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Provided for historical documentation only. Check Missouri Extension and Agricultural Experiment Station websites for current information.