Question
Ted Carman worked for Rivertide Country Club and earned $28,500 during the year. He also worked part time for Harrison Furniture Company and earned 412,400
Ted Carman worked for Rivertide Country Club and earned $28,500 during the year. He also worked part time for Harrison Furniture Company and earned 412,400 during the year. The SUTA tax rate for Rivertide Country Club is 4.2% on the first $8,000, and the rate for Harrison Furniture Company is 5.1% on the first 8,000. Calculate the FUTA and SUTA taxes paid by the employers on his earnings. Please show how you came to the answer. I want to make sure I fully understand how to do problem.
Rivertide Country club Futa & Suta
Harrison Furniture Company Futa and Suta
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