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FICA taxes are hard to comprehend, and that's why I break down FICA taxes and explain them to you so that anyone can understand how FICA taxes work. FICA consists of social security and medicare. The amount you pay is dependent on if you are an employee or self-employed. Stay till the end because I have some awesome strategies for legally avoiding FICA taxes. ************************************************************ All Of My Favorite Financial Resources: https://www.oncashflow.com/resources How I Track My Personal Finances: https://www.oncashflow.com/track Investment Platform That I Use: https://www.oncashflow.com/invest My Favorite Calculator For Financial Independence: https://www.oncashflow.com/retirement Software I Use To File My Taxes: https://www.oncashflow.com/tax Products I Buy To Save Money: https://www.oncashflow.com/shop Get Personalized Consulting From Me: https://www.oncashflow.com/consult/ ************************************************************ #ficatax #fica #socialsecuritytax ************************************************************ This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Before making financial and legal decisions, consult financial and legal professionals licensed in your jurisdiction. Some links provided may be part of an affiliate advertising program designed to provide a means of compensation for referring traffic and business to other companies.