What Happens If I Don’t Pay FICA Taxes

FICA taxes, or Federal Insurance Contributions Act taxes, fund Social Security and Medicare programs. Failing to pay FICA taxes can result in serious consequences.

FICA taxes, or Federal Insurance Contributions Act taxes, fund Social Security and Medicare programs. Failing to pay FICA taxes can result in serious consequences.

Let’s dive into the fascinating world of FICA taxes—those little financial acrobatics that impact both employees and self-employed individuals