What Does OASDI/EE Stand For? The acronym Fed OASDI EE stands for Federal Old Age Survivors and Disability Insurance Employee Expense, which refers to a tax for Social Security. All workers are required to contribute to Social Security by paying this tax in order to be eligible for benefits ...
Note: The content of this video applies only to taxes prepared for 2010. It is included here for reference only. Social security tax is collected by the government to fund the benefits of retirees and those unable to work. Discover how much you owe in so
What does “on time” mean when it comes to payroll taxes? When you register your business with the IRS and other tax authorities, they’ll provide a specific schedule based on the size of your company and the amount of your tax liability. Sticking hard and fast to this schedule is the...