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These include Social Security and Medicare taxes imposed on both employers and employees, at a combined rate of 15.3% (13.3% for 2011 and 2012). Social Security tax applies only to the first $132,900 of wages in 2019. There is an additional Medicare tax of 0.9% on wages above $200,000. Employers must withhold income taxes on wages.
Intuit Inc. is an American business that specializes in financial software.The company is headquartered in Mountain View, California, and the CEO is Sasan Goodarzi.As of 2019, more than 95% of its revenues and earnings come from its activities within the United States.