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Given the information below, what are the Assistant Project Manager's wages that are subject to payroll taxes? . Assistant Project Manager Makes $65,000 per
Given the information below, what are the Assistant Project Manager's wages that are subject to payroll taxes? . Assistant Project Manager Makes $65,000 per year Gets a $2000 Christmas bonus Gets $500/mo truck allowance Medicare tax is 1.45% of entire wage Social Security tax is 6.2% of first $128,700 of wages No SUTA . . (FUTA) Company can take the full 5.4% credit against the FUTA liability . Company's compensation insurance rate is $2.04 per $100 in wages . Company's general liability insurance rate for office personnel is 0.70% of wages Company pays $150/month to health insurance with $250 deducted from employee's paycheck Company matches employee's contributions to a 401(k) plan at a rate of $0.50 per $1.00 contributed by the employee on the first 6% of employees' wages (including allowances) 50% match up to 6% of wages for 401(k) plan . .
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