When you pay for a Shopify plan you also receive reliable and unlimited web hosting. This is a huge plus, since it can save you over $100 per year. The fast servers have around a 99.94% uptime, and the unlimited email forwarding gives every person in your organization an email address with your domain name in it.
The 2017 Social Security wage base increased by $8,700. The wage base in 2017 is $127,200. The 2016 Social Security wage base was $118,500. The Social Security wage base has increased in four of the last five years.
Social Security is financed by a 12.4 percent tax on wages up to the taxable-earnings cap, with half (6.2 percent) paid by workers and the other half paid by employers. This taxable wage base usually goes up each yearâit rose from $117,000 in 2014 to $118,500 in 2015, but stayed put at that level for 2016.