Question
Anadama Painters has 15 employees and is located in South Dakota. The total wages for the last year was $389,458. What was the FUTA tax
Anadama Painters has 15 employees and is located in South Dakota. The total wages for the last year was $389,458. What was the FUTA tax liability for the year? (Assume that all employees have exceeded the annual FUTA wage base of $7,000 per employee and that the FUTA rate is 0.6%.)
| A. | $608 | |
| B. | $645 | |
| C. | $630 | |
| D. | $620 |
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Data Analytics Using Excel Microsoft 365 With Accounting And Finance Datasets Version 3.0
Authors: Joseph Manzo
1st Edition
145333758X, 9781453337585
