Examples of FICA in a sentence

The Corporation shall be exempt from payment of all Unemployment Compensation, FICA, retirement, life and/or medical insurance, Workers’ Compensation Insurance, Disability Insurance, and Paid Family Leave Benefits Law Insurance, on behalf of Subrecipient and its employees and subcontractors, as Subrecipient is an independent entity.
All employees shall be responsible for payment of the employee's full share of the Federal Insurance Contribution Act (FICA) tax, which includes Social Security and Medicare, at the contribution limits established by federal law.
The Grantee shall be exempt from payment of all Unemployment Compensation, FICA, retirement, life and/or medical insurance and Workers' Compensation Insurance as the Subrecipient is an independent Subrecipient.
The Professional acknowledges and understands that its performance of this contract is as an independent contractor and, as such, the Professional is obligated for Worker’s Compensation, FICA taxes, occupational taxes, all applicable federal, state and local taxes and assessments, and that the Client will not be obligated for same under this Agreement.
Consultant agrees to file federal and state tax returns and pay all applicable taxes on amounts paid pursuant to this Agreement and shall be solely liable and responsible to pay such taxes and other obligations, including, but not limited to, state and federal income and FICA taxes.

More Definitions of FICA

FICA means the Federal Insurance Contributions Act and all rules and regulations promulgated under that statute, as amended, and any successor statute, rules and regulations.

FICA means the Financial Intelligence Centre Act No. 38 of 2001;

FICA shall have the meaning set forth in Section 3.01(e).

FICA has the meaning set forth in Section 3.1(f).