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Calculate the employer's total FUTA and SUTA taxes. As TCLH Industries operates in North Carolina, assume a SUTA tax rate of 1 . 2 %
Calculate the employer's total FUTA and SUTA taxes. As TCLH Industries operates in North Carolina, assume a SUTA tax rate of and a taxable earnings threshold of $ Current period taxable earnings for FUTA and SUTA taxes are the same as those for FICA taxes. Yeartodate taxable earnings for FUTA and SUTA taxes, prior to the current pay period, are as follows:
Zachary Fox: $
Calvin Bell: $
David Alexander: $
Michael Sierra: $ calculate FUTA and SUTA tax for each employee.
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