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Mission Company has three employees: Gross pay through July Gross pay for August Smith $3,000 $2,800 Cain 29,400 5,300 Clark 96,400 14,900 The company is
| Mission Company has three employees: |
| Gross pay through July | Gross pay for August | |
| Smith | $3,000 | $2,800 |
| Cain | 29,400 | 5,300 |
| Clark | 96,400 | 14,900 |
| The company is subject to the following taxes: |
| Tax | Rate | Applied to |
| FICA Social security | 6.2% | First $110,100 |
| FICA Medicare | 1.45% | All gross pay |
| FUTA | .80% | First $7,000 |
| SUTA | 5.40% | First $7,000 |
| What are Mission Company's total August payroll taxes for Clark? |
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The Next Step Advanced Medical Coding And Auditing 2016
Authors: Carol J. Buck MS CPC CCS-P
1st Edition
978-0323389105
