The Social Security tax rate remains at 6.2% for 2025 up to the Social Security wage base limit. The maximum Social Security tax employees and employers will each pay in 2025 is $10,918.20, an increase of $465.00 from tax year 2024. The Medicare tax rate also remains at 1.45% and ...
The Grand Canyon State uses a minimum wage rate substantially higher than the rate required by the federal government, though the local minimum wage rate for Flagstaff is higher still. The state also has a Paid Sick Leave program guaranteeing time off to employees within its borders. When it...