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1. The employer will match the employee's social security and medicare contribution. 2. The taxable earnings column of a payroll register shows the actual tax.
1.The employer will match the employee's social security and medicare contribution.
2.The taxable earnings column of a payroll register shows the actual tax.
3.Overtime is always calculated at time-and-a-half the regular rate.
4.Circular E from Internal Revenue Service contains many tax tables.
5.A calendar year is July 1 to June 30.
6.Payroll registers cannot record cumulative earnings.
7.The percentage method can be used to determine the amount of FIT.
8.FUTA Tax is computed by the wage-bracket table.
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