Social Security Tax:     6.2% each for employers and employees on wages up to $102,000;

Medicare Tax: 1.45% each for employers and employees, No Maximum;

FUTA Tax: 6.2% (or .8% after State UI credit) of wages up to $7,000, Employer paid only;

California SDI Tax: .8% of wages up to $86,698, Employee paid only;

California UI Tax: Varies depending on employer's experience rating, Contact EDD for your pre-assigned rate, Employer paid only.

Due Dates for 2008 Payroll Tax Returns

April 30^th, 2008: 1^st Quarter (Forms 941 and DE-6);

July 31^st, 2008: 2^nd Quarter (Forms 941 and DE-6);

October 31^st, 2008: 3^rd Quarter (Forms 941 and DE-6);

January 31^st, 2009: 4^th Quarter (Forms 941 and DE-6) and 2008 Annual Returns (Forms 940 and DE-7), W-2's to Employees;

February 28^th, 2009: 2008 Forms W-2 and W-3 to be filed with Social Security Administration