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Business, 09.12.2019 01:31, maddysmall32
Sky co. employed tom mills in year 1. tom earned $5,800 per month and worked the entire year. assume the social security tax rate is 6 percent for the first $110,000 of earnings, and the medicare tax rate is 1.5 percent. tom’s federal income tax withholding amount is $890 per month. use 5.4 percent for the state unemployment tax rate and .6 percent for the federal unemployment tax rate on the first $7,000 of earnings per employee.
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Sky co. employed tom mills in year 1. tom earned $5,800 per month and worked the entire year. assume...
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