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Freedom, Inc., has 4 employees within Denver City & County. All of the employees worked a predominate number of hours within the city. The employees
Freedom, Inc., has 4 employees within Denver City & County. All of the employees worked a predominate number of hours within the city. The employees made $10.00 per hour and worked 160 hours each during the month. The employer must remit $4 per month per employee that earns more than $500 per month. Additionally, employees who earn more than $500 per month must have $5.75 withheld from their pay. What is the employee and company Occupational Privilege Tax for these employees? (Round your answers to 2 decimal places.)
Occupational Privilege tax | |
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