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BMX Company has one employee. FICA Social Security taxes are 6.2% of the first 118,500 paid to its employee, and FICA Medicare taxes are 1.45%
BMX Company has one employee. FICA Social Security taxes are 6.2% of the first 118,500 paid to its employee, and FICA Medicare taxes are 1.45% of gross pay. For BMX, it's FUTA taxes are 0.6 and SUTA taxes are 2.9% of the first 7000 paid to its employee. Good Pay Through Gross pay for Sept. August A. $5600 $1500 B. $19300 $3200 C. $113,300 $9100 What the FUTA September earning subject to tax? What the SUTA September earnings subject to tax
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