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Please answer all parts of the question for a good rating and a big thumbs up. True or false Thank you. 6. FICA taxes withheld
Please answer all parts of the question for a good rating and a big thumbs up.
6. FICA taxes withheld and federal income taxes withheld are mandatory payroll deductions. 7. An employee earnings record is a cumulative record of each employee's gross earnings, deductions, and net pay during the year. 8. The employer incurs a payroll tax expense equal to the amount withheld from the employees wages for federal income taxes. 9. The state unemployment tax rate is usually 5.4% on the first $7,000 of wages paid to an employee during the year. 10. A Wage and Tax Statement shows gross earnings, FICA taxes withheld, and income taxes withheld for the year True or false
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