Chapter 5 eBook Print Item Since the SUTA rates changes are made at the end of each year, the available 2021 rates were used for FUTA and SUTA. ? Note: For this textbook edition the rate 0.6% was used for the net FUTA tax rate for employers. Ron Valdez worked for two different employers. Until May, he worked for Rowland Construction Company in Ames, Iowa, and earned $22,000. The state unemployment rate for Rowland is 4.6%. He then changed jobs and worked for Ford Improvement Company in Topeka, Kansas, and earned $29,500 for the rest of the year. The state unemployment rate for Ford is 5.1%. Determine the unemployment taxes (FUTA and SUTA) that would be paid by each company. Use Figure 5.1 to determine SUTA caps in Iowa and Kansas. a. Rowland Construction Company b. Ford Improvement Company Check My Work Previous Next Assignment Score: 50-99% All work saved. Email Instructor Save and Exit Submit Assignment for Grading FIGURE 5.1 Summary of State Linemployment Compensation Laws (2021) Warning: The provisions of the state laws are subject to change at any time. ar Bus (Escluding dependency allowances) Waiting Max. Min. was. Period per per Duration (werk) Werk Werk (web) r $26 $45 26 1 370 56 26 1 200 00 20 1 451 81 26 1 450 40 25 1 1 mare 552 631 400 444 25 15 20 50 26 26 26 26 none 1 1 1 1 275 365 645 22 23 5528 26 526 5 1 410 72 26 1 400 390 401 51 50 73 117 39 25 20 26 20 LIIT 400 505 1 non 1 1 1 no 1 20 10 247 418 410 26 20 71 25 31 81 26 30 705 BOLIG 361 20 1 1 1 699 235 330 352 19 30 48 163 20 26 26 28 1 1 Size of Firm Contributious (Ou first $7.000 unless (Oneployed otherwise indicated in specified rime and or size of State payroll Employer Min-Max Employee ALABAMA 2 weeks 0.65-63on first $8.000 ALASKA my any time 1.046-54% on first $43 600 0.5% on first $43.600 ARIZONA 2 weeks 0.00 20.6% ARKANSAS 10 days 0.39-14% on first $10,000 CALIFORNIA Der $100 a 1.54-6,2% 1.25. on first $125.299 caldar quarter COLORADO any time 0.714-984% first $13.600 CONNECTICUT werks 104-635 on fir SIS 000 DELAWARE 2 weeks 0.3-8.24. on first $18.300 DISTRICT OF any me 1.84-70% on first $9,000 COLUMBIA FLORIDA 20 weeks 0.29545 GEORGIA 30 werk 0.049-756% on first $9.500 HAWAII an 0086-88 on fir 547 400 050mimi weekly was of 51,102.50 not to exceed $5.51 per week (destins IDAHO 20 weeks or $300 0.20795.4% on first $13,000 in any calendar que ILLINOIS 20 weeks 0.6759-6875% on for $12.900 INDIANA 20 weeks 0.5-7.45 on first 59.500** TOWA 2 werk 0.046-7.55.en for $32.400 KANSAS 20 weeks 0:04-7.85 on first 514 000 KENTUCKY 20 weeks 0.396-9.0% on first 511,100 LOUISIANA 20 werk 0001-6257700 MAINE 20 weeks 0.49%8-5481% on firm 12.000 MARYLAND any me 2.2-13.5% on first $8500 MASSACHUSETTS 13 weeks 0.94%-1437% on first $15.000 MOCHIGAN 20 weekser 0.00-10.30 $9.500 $1,000 in Calendar year MINNESOTA 23 2 weeks 0.249.19. first $35.000 MESSISSIPPI weeks 0.245.81 on first $14.000 MISSOURI 20 weeks 0.04-5.4. on first $11,000 MONTANA Over $1,000 in 0.13986 on first $35.0 currento recede year NEBRASKA 20 werks 0.045-3,4% on fir $9,000 NEVADA $225 in any 0.25-54on first $33,400 ger NEW HAMPSHIRE 20 weeks 0.19-70% on 14.000 NEW JERSEY $1,000 in any am 0.4%-3.4% on first $36.2004 1.173% (0.47% for year disability, 0.705% for tel comp family leave workforce development funds) on first $36,200 NEW MEXICO 20 weeks or $450 0.33%-5,4" on first $27.000 in any quarter NEW YORK $300 any 0.54-79. on first $11,800 0.5-imit $0.00 wat quarter NORTH CAROLINA 20 week 0.00 -5.76% Et $25.200" NORTH DAKOTA 20 weeks 0.081-9 89% 8.500 OHIO 2 weeks 0.399.JS on liu S90 OKLAHOMA 2 weeks 004-25% on first $24.000 OREGON 2 weeks 1149 firul $41500 PENNSYLVANIA 18 weeks or $225 2.39053911 0333% on fint $10,000+ 0.06% on total wages in any quarter PUERTO RICO 1.29-5496 0356 en first 50.000 (disley in RHODE ISLAND ante 1.24-9,59% on first $2.000 135. on first $74.000 (disability in SOUTH CAROLINA any time 0.069-5.46% $14.000 SOUTH DAKOTA 2 weeks 0.0%-93 on first $15.000 TENNESSEE 2 weeks 0.019-10.04 TEXAS 2 werk 0.30-6300 first 59,000** UTAH $140 is calendar 0.247.2% on first $38.500 qarter in comment preceding Calendar year VERMONT 3 weeks 0.4-3.4 on first $14.100 VIRGIN ISLANDS any tate 2.5% on fire 532 500 VIRGINIA 2 weeks 0.15-0.25 of 58.000 WASHINGTON any time 0.52-0.02% on first $56,500 WEST VIRGINIA 20 weeks 1.59-8.5% on first $12.000 WISCONSEN 2 weeks 0.09-120% on first $14.000 WYOMING $500 is current 0.48-78% on fint 27.300 of preceding calendar year Scurce: Payroll Guide published by Thomson Reuters This is $1.500 in any calendar quarter in current preceding calendar yearunden otherwise specified 2921 FUTA credit reduction state **Allon oluntary centros 1 414 426 30 16 26 26 427 BE 1 22 20 7320 731 1 441 B2 26 1 49 100 26 1 20 350 640 493 1 1 1 1 1 20 20 ITIT TILL 45 43 211 16 133 35 20 539 50 573 26 20 time 1 133 7 26 1 1 599 35 20 1 326 26 1 1 402 275 307 50 TNT TI 42 20 90 58 25 26 26 26 1 1 1 1 1 33: SOS 378 844 20 20 20 1 1 LIIT 59 33 60 201 24 54 33 JU 1 424 26 26 20 Hone 1 370 489 Chapter 5 eBook Print Item Since the SUTA rates changes are made at the end of each year, the available 2021 rates were used for FUTA and SUTA. ? Note: For this textbook edition the rate 0.6% was used for the net FUTA tax rate for employers. Ron Valdez worked for two different employers. Until May, he worked for Rowland Construction Company in Ames, Iowa, and earned $22,000. The state unemployment rate for Rowland is 4.6%. He then changed jobs and worked for Ford Improvement Company in Topeka, Kansas, and earned $29,500 for the rest of the year. The state unemployment rate for Ford is 5.1%. Determine the unemployment taxes (FUTA and SUTA) that would be paid by each company. Use Figure 5.1 to determine SUTA caps in Iowa and Kansas. a. Rowland Construction Company b. Ford Improvement Company Check My Work Previous Next Assignment Score: 50-99% All work saved. Email Instructor Save and Exit Submit Assignment for Grading FIGURE 5.1 Summary of State Linemployment Compensation Laws (2021) Warning: The provisions of the state laws are subject to change at any time. ar Bus (Escluding dependency allowances) Waiting Max. Min. was. Period per per Duration (werk) Werk Werk (web) r $26 $45 26 1 370 56 26 1 200 00 20 1 451 81 26 1 450 40 25 1 1 mare 552 631 400 444 25 15 20 50 26 26 26 26 none 1 1 1 1 275 365 645 22 23 5528 26 526 5 1 410 72 26 1 400 390 401 51 50 73 117 39 25 20 26 20 LIIT 400 505 1 non 1 1 1 no 1 20 10 247 418 410 26 20 71 25 31 81 26 30 705 BOLIG 361 20 1 1 1 699 235 330 352 19 30 48 163 20 26 26 28 1 1 Size of Firm Contributious (Ou first $7.000 unless (Oneployed otherwise indicated in specified rime and or size of State payroll Employer Min-Max Employee ALABAMA 2 weeks 0.65-63on first $8.000 ALASKA my any time 1.046-54% on first $43 600 0.5% on first $43.600 ARIZONA 2 weeks 0.00 20.6% ARKANSAS 10 days 0.39-14% on first $10,000 CALIFORNIA Der $100 a 1.54-6,2% 1.25. on first $125.299 caldar quarter COLORADO any time 0.714-984% first $13.600 CONNECTICUT werks 104-635 on fir SIS 000 DELAWARE 2 weeks 0.3-8.24. on first $18.300 DISTRICT OF any me 1.84-70% on first $9,000 COLUMBIA FLORIDA 20 weeks 0.29545 GEORGIA 30 werk 0.049-756% on first $9.500 HAWAII an 0086-88 on fir 547 400 050mimi weekly was of 51,102.50 not to exceed $5.51 per week (destins IDAHO 20 weeks or $300 0.20795.4% on first $13,000 in any calendar que ILLINOIS 20 weeks 0.6759-6875% on for $12.900 INDIANA 20 weeks 0.5-7.45 on first 59.500** TOWA 2 werk 0.046-7.55.en for $32.400 KANSAS 20 weeks 0:04-7.85 on first 514 000 KENTUCKY 20 weeks 0.396-9.0% on first 511,100 LOUISIANA 20 werk 0001-6257700 MAINE 20 weeks 0.49%8-5481% on firm 12.000 MARYLAND any me 2.2-13.5% on first $8500 MASSACHUSETTS 13 weeks 0.94%-1437% on first $15.000 MOCHIGAN 20 weekser 0.00-10.30 $9.500 $1,000 in Calendar year MINNESOTA 23 2 weeks 0.249.19. first $35.000 MESSISSIPPI weeks 0.245.81 on first $14.000 MISSOURI 20 weeks 0.04-5.4. on first $11,000 MONTANA Over $1,000 in 0.13986 on first $35.0 currento recede year NEBRASKA 20 werks 0.045-3,4% on fir $9,000 NEVADA $225 in any 0.25-54on first $33,400 ger NEW HAMPSHIRE 20 weeks 0.19-70% on 14.000 NEW JERSEY $1,000 in any am 0.4%-3.4% on first $36.2004 1.173% (0.47% for year disability, 0.705% for tel comp family leave workforce development funds) on first $36,200 NEW MEXICO 20 weeks or $450 0.33%-5,4" on first $27.000 in any quarter NEW YORK $300 any 0.54-79. on first $11,800 0.5-imit $0.00 wat quarter NORTH CAROLINA 20 week 0.00 -5.76% Et $25.200" NORTH DAKOTA 20 weeks 0.081-9 89% 8.500 OHIO 2 weeks 0.399.JS on liu S90 OKLAHOMA 2 weeks 004-25% on first $24.000 OREGON 2 weeks 1149 firul $41500 PENNSYLVANIA 18 weeks or $225 2.39053911 0333% on fint $10,000+ 0.06% on total wages in any quarter PUERTO RICO 1.29-5496 0356 en first 50.000 (disley in RHODE ISLAND ante 1.24-9,59% on first $2.000 135. on first $74.000 (disability in SOUTH CAROLINA any time 0.069-5.46% $14.000 SOUTH DAKOTA 2 weeks 0.0%-93 on first $15.000 TENNESSEE 2 weeks 0.019-10.04 TEXAS 2 werk 0.30-6300 first 59,000** UTAH $140 is calendar 0.247.2% on first $38.500 qarter in comment preceding Calendar year VERMONT 3 weeks 0.4-3.4 on first $14.100 VIRGIN ISLANDS any tate 2.5% on fire 532 500 VIRGINIA 2 weeks 0.15-0.25 of 58.000 WASHINGTON any time 0.52-0.02% on first $56,500 WEST VIRGINIA 20 weeks 1.59-8.5% on first $12.000 WISCONSEN 2 weeks 0.09-120% on first $14.000 WYOMING $500 is current 0.48-78% on fint 27.300 of preceding calendar year Scurce: Payroll Guide published by Thomson Reuters This is $1.500 in any calendar quarter in current preceding calendar yearunden otherwise specified 2921 FUTA credit reduction state **Allon oluntary centros 1 414 426 30 16 26 26 427 BE 1 22 20 7320 731 1 441 B2 26 1 49 100 26 1 20 350 640 493 1 1 1 1 1 20 20 ITIT TILL 45 43 211 16 133 35 20 539 50 573 26 20 time 1 133 7 26 1 1 599 35 20 1 326 26 1 1 402 275 307 50 TNT TI 42 20 90 58 25 26 26 26 1 1 1 1 1 33: SOS 378 844 20 20 20 1 1 LIIT 59 33 60 201 24 54 33 JU 1 424 26 26 20 Hone 1 370 489