subject
Business, 25.04.2020 19:18 brilove47

1.Use the net FUTA tax rate of 0.6% on the first $7,000 of taxable wages.
Ted Carman worked for Rivertide Country Club and earned $28,500 during the year. He also worked part time for Harrison Furniture Company and earned $12,400 during the year. The SUTA tax rate for Rivertide Country Club is 4.2% on the first $8,000, and the rate for Harrison Furniture Company is 5.1% on the first $8,000. Calculate the FUTA and SUTA taxes paid by the employers on Carman's earnings.
Use the net FUTA tax rate of 0.6% on the first $7,000 of taxable wages.

2.Niemann Company has a SUTA tax rate of 7.1%. The taxable payroll for the year for FUTA and SUTA is $82,600. The amount of FUTA tax for the year is:

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 00:30
You wants to open a saving account.which account will grow his money the most
Answers: 1
question
Business, 22.06.2019 05:30
U.s. internet advertising revenue grew at the rate of r(t) = 0.82t + 1.14 (0 ≤ t ≤ 4) billion dollars/year between 2002 (t = 0) and 2006 (t = 4). the advertising revenue in 2002 was $5.9 billion.† (a) find an expression f(t) giving the advertising revenue in year t.
Answers: 1
question
Business, 22.06.2019 13:30
How does hipaa address employee’s access to e-phi?
Answers: 1
question
Business, 22.06.2019 16:30
Bernard made a gift of $500,000 to his brother in 2014. due to bernard’s prior taxable gifts he paid $200,000 of gift tax. when bernard died in 2019, the applicable gift tax credit had increased. at bernard’s death, what amount related to the $500,000 gift to his brother is included in his gross estate?
Answers: 3
You know the right answer?
1.Use the net FUTA tax rate of 0.6% on the first $7,000 of taxable wages.
Ted Carman worked for...
Questions
question
English, 12.03.2020 00:08
question
Biology, 12.03.2020 00:08
question
English, 12.03.2020 00:09
question
History, 12.03.2020 00:09
Questions on the website: 13722361