What is the self-employed person's FICA tax rate for 2013?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
FICA tax of theselfemployed persons rate for 2013 is 153 on the first 113700 of netincome and then 2...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Managerial Accounting questions
-
1.Alice is your long-term friend from high school. Alice was typically quieter in the group, but she was well liked amongst your peers. In high school she began to come out of her shell a little...
-
What would be "the right thing" to do here? How would the "Golden Rule" on pate 6 relate to Megan's decision?
-
Two cars start moving from the same point. One travels south at 60 mi/h and the other travels west at 25 mi/h. At what rate is the distance between the cars increasing two hours later?
-
What is the self-employed person's FICA tax rate for 2013?
-
On July 1, 2015, Ashlock Chemical Company issued $4,000,000, 10%, 10 year bonds at $4,543,627. This price resulted in an 8% effective-interest rate on the bonds. Ashlock uses the effective-interest...
-
Sora Industries has 63 million outstanding shares, $121 million in debt, $51 million in cash, and the following projected free cash flow for the next four years: Year 0 1 2 3 4 Earnings and FCF...
-
What is the IRS mileage rate for use of a car for business?
-
Explain how the Lehman Brothers Intermediate Bond Index might increase one day while the Merrill Lynch High Yield Index decreases the same day.
-
2. Does the confidential employee exclusion apply to all employees who have access to the employers confidential information? What is the labor nexus test?
-
What are the role of supervisors ?
-
Cheyenne Vision Inc. opened for business on Jan 1, and uses a perpetual inventory system. During January, the company had the following purchases and sales for one of its products: Purchases Sales...
-
A cube with edge length L = 0.25 m and density Q = 0.88103 kg/m floats in equilibrium in a liquid of density = 15103 kg/m3, with the top of the cube a distance d above the liquid's surface, as shown...
-
Hill Corp. had 600,000 shares of common stock outstanding on January 1, issued 900,000 shares on July 1, and had income applicable to common stock of $1,050,000 for the year ending December 31, 2010....
-
7.1 A mammography center performs eleven different procedures. The volume of each procedure during an eight-month period and the standard hours per procedure are shown in Table EX 7.1. Table EX 7.1...
-
Grady Leasing Company signs an agreement on January 1, 2010, to lease equipment to Azure Company. The following information relates to this agreement. 1. The term of the non-cancelable lease is 5...
-
In the current year, the City of Omaha donates land worth $500,000 to Ace Corporation to induce it to locate in Omaha and create an estimated 2,000 jobs for its citizens. a. How much income, if any,...
-
Estimate the limiting current density at an electrode in which the concentration of Mg2+ ions is 1.5 mmol dm-3t 25C. The thickness of the Nernst diffusion layer is 0.32 mm. The ionic conductivity of...
-
A 0.10 M FeS04 (aq) solution is electrolyzed between a magnesium cathode and a platinum anode with a current density of 1.50 mA cm-2.The hydrogen over potential is 0.60 V. What will be the...
-
The exchange current density for a PtIFe3+,Fel+ electrode is 2.5 mA cm-I. The standard potential of the electrode is +0.77 V. Calculate the current flowing through an electrode of surface area 1.0...
-
19 3.5 pts Warren Corporation has two divisions: the Northwest Division and the Southeast Division. The corporation's net operating income is $26,900. The Northwest Division's divisional segment...
-
Shopose Kachen Professional manufactures cast iron skets. One model is a 10-inch skiet that sels to $30 Kichen Prodes propects sales of 700 30-chsts per The pres13 Oci malas 5 per set for det labor,...
-
This problem has 2 questions: On February 28, 2020, Jem Company received its bank statement. The chief accountant was in the process of preparing its bank reconciliation for the month. The following...
Study smarter with the SolutionInn App