The company believes it will be able to hire a qualified individual for a $95,000.00 annual salary. The company pays $150.00 of each employee's $400.00 monthly insurance premium. Determine the total annual salary and payroll tax expense for the employee, assuming the company does not have an IRS-approved health care plan. Salary Insurance Tax Social Security $ Medicare $ Federal unemployment $ State unemployment $ Total expense for employee Taxable Amount X X X X % % % % Tax Rate = = $ = $

The company believes it wil be able to hire a gealified individual for a $95,000,00 annuaf salary. The company pays $150.00 of each employee's \$400. 00 monthy insurance premikm. Determine the total annual saiary and payroll tax expense for the employke, assuming the compamy does not have an lhS-approved hesith care plan, The company believes it wil be able to hire a gealified individual for a $95,000,00 annuaf salary. The company pays $150.00 of each employee's \$400. 00 monthy insurance premikm. Determine the total annual saiary and payroll tax expense for the employke, assuming the compamy does not have an lhS-approved hesith care plan