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BMX Company has one employee. FICA Social Security taxes are6.2% of the first $137,700 paid to its employee, and FICA Medicaretaxes are 1.45% of gross
BMX Company has one employee. FICA Social Security taxes are6.2% of the first $137,700 paid to its employee, and FICA Medicaretaxes are 1.45% of gross pay. For BMX, its FUTA taxes are 0.6% andSUTA Required information [The following information applies to the questions displayed below] BMX Company has one employee. FICA Social Security taxes are \( 6.2 \% \) of the first \( \$ 137.700 \) paid t 2 answers
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