Summary
This document is a tax bulletin that provides essential tax information for employers for the year 2026. It outlines the Federal Insurance Contributions Act (FICA) wage limits and tax rates, including Social Security and Medicare wage bases and percentages. The bulletin details the maximum withholding limits for Social Security and Medicare, as well as Federal Unemployment Tax (FUTA) thresholds. Additionally, it presents the retirement plan contribution limits for various plans such as 401(k), Roth 401(k), and IRA accounts. The bulletin also includes information on Health Savings Accounts (HSAs) and High Deductible Health Plans (HDHPs), specifying maximum annual contributions and deductibles. Employers are reminded about the importance of submitting accurate Forms W-4 and the implications of employee Social Security card discrepancies. Furthermore, the document discusses the filing schedule for Forms W-2 for employers going out of business and advises consultation with tax professionals for any future tax changes.
