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The last monthly payroll of KARVA Corporation was $326,400 for 102 employees. Of the total, none was for payments to employees in excess of the
The last monthly payroll of KARVA Corporation was $326,400 for 102 employees. Of the total, none was for payments to employees in excess of the $7,000 wage base. What were the total FUTA and SUTA taxes for the payroll? The company's SUTA rate is 5.4% and its FUTA rate is 6% less the 5.4% SUTA credit
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