Payroll Accounting
Question # 00355460
Posted By:
Updated on: 08/06/2016 02:43 PM Due on: 08/06/2016
Ted Carmen worked for Riverstide 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 Carmen's earnings.
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Rating:
/5
Solution: Payroll Accounting