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BMX Company has one employee. FICA Social Security taxes are 6 . 2 % of the first $ 1 3 7 , 7 0 0

BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $137,700 pald to its employee, and FICA Medicare taxes are 1.45% of gross pay. For BMX, Its FUTA taxes are 0.6% and SUTA taxes are 5.4% of the first $7,000 pald to its employee.
\table[[,Gross Pay through,Gross Pay for],[,August 31,September],[a.,$5,300,$2,600
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