BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $128,400 paid 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 paid to its employee. Gross Pay through August 31 $ 6,100 2,800 123,700 Gross Pay for September $1,400 2,900 9,600 Employer Payroll taxes September earnings subject to tax Tax Amount 0.00 General Journal Debit Credit Date Sep 30