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Recording Payroll and Payroll Taxes The following information about the payroll for the week ended September 15 was obtained from the records of Simkins Mining
Recording Payroll and Payroll Taxes The following information about the payroll for the week ended September 15 was obtained from the records of Simkins Mining Co.: Tax rates assumed: FICA tax,7.5% of employee annual earnings State unemployment (employer only), 4.2% Federal unemployment (employer only), 0.8%
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