That's right students. If you get a summer job, the IRS is sure to take a chunk of your hard earned cash. If you have not already gotten your first paycheck from your summer job, then you will really want to know who that guy FICA is and why he (and the rest of his friends Fed, State and SS) are taking your money.
Here is a quick podcast to explain the what a student should be aware of when they start that summer job.
I hope these tips help you this summer students. Have a great summer.
The Tech Accountant