Legal Regulations

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October 16, 2023 4 min read Definitions

Federal Insurance Contributions Act (FICA) | Understanding Its Impact on Payroll Taxes

Finance Insurance Legal Regulations FICA Social Security Medicare Payroll Taxes Federal Legislation

Explore the Federal Insurance Contributions Act (FICA), a law introduced in 1939, which mandates payroll taxes to fund social security and Medicare benefits. Learn how both employers and employees contribute equally.

October 4, 2023 4 min read Definitions

Occupational Safety and Health Act (OSHA): Federal Safety and Health Requirements

Insurance Occupational Health Legal Regulations OSHA Workplace Safety Federal Regulations Labor Department Health and Safety

Learn about the Occupational Safety and Health Act (OSHA), a federal statute enforced by the Labor Department to uphold safety and health standards nationwide. Understand the role of safety inspectors and the importance of injury statistics records.