Social Studies, 07.11.2019 12:31, brennae1801

With medicare tax, half of the tax is paid by the employee and the other half is paid by the employer. true or false.

answer

Answers: 2

Show answers

Similar questions

Предмет

Social Studies, 20.09.2019 17:00, selenaK9514

With medicare tax, half of the tax is paid by the employee and the other half is paid by the employer.

Answers: 1

Предмет

Business, 10.10.2019 01:00, naomicervero

Paloma co. stars has four employees. fica social security taxes are 6.2% of the first $113,700 paid to each employee, and fica medicare taxes are 1.45% of gross pay. also, for the first $7000 paid to each employee, the company's futa taxes are 0.6% and suta taxes are 2.15%. the company is preparing its payroll calculations for the week ended august 25. payroll records show the following information for the company's four employees.name gross pay through 8/18 gross pay income tax withholdingdahila $112,600 $2,000 $284trey 112,800 900 145kiesha 7,100 450 39chee 1,050 400 30in addition to gross pay, the company must pay one-half of the $60 per employee weekly health insurance; each employee pays the remaining one-half. the company also contributes an extra 8% of each employee's gross pay (at no cost to employees) to a pension fund.requiredcompute the following for the week ended august 25 (round amounts to the nearest cent).make tables1. each employee's fica withholdings for social security.2. each employee's fica withholdings for medicare.3. employer's fica taxes for social security.4. employer's fica taxes for medicare.5. employer's futa taxes.6. employer's suta taxes.7. each employee's net (take-home) pay.8. employer's total payroll-related expense for each employee.

Answers: 3

Предмет

Business, 31.10.2019 01:31, 2024cynthiatercero

1) how much social security tax would the employer be liable to pay to the federal government if he paid his sole employee $100,000 in wages during the current year? use whatever necessary outside sources you may need to verify the amount. 2) what if he paid his employee $1,000,000 during the year (you may assume that the employee is single)? 3) in each of the situations above what would the employer have to withhold from the employee's paycheck in social security taxes? 4) answer questions 1-3 for medicare taxes. 5) true or false: employer's pay for unemployment taxes by taking the tax out of the employee's paycheck.

Answers: 1

Do you know the correct answer?

With medicare tax, half of the tax is paid by the employee and the other half is paid by the employe...

Questions in other subjects:

Konu

Spanish, 20.03.2021 21:20

Exercise 1d Make the singular words plural and the plural words singular: 1. el muchacho . 2. la muchacha . 3. unas televisiones . 4. las ciudades .

Konu

Mathematics, 20.03.2021 21:20

In the data set {(0,−1);(−2,4);(−4,−8);(−1,5);(1,−3 );(2,1);(3,−2);(−1,2)}, which point is a possible outlier? (2,1) (3,−2) (−4,−8) (−1,5)...

Konu

Mathematics, 20.03.2021 21:20

Solve for 2. Your answer must be simplified. x + 5<-4...

Konu

History, 20.03.2021 21:20

What was a reason for the decline and fall of the Safavid Dynasty? A. Religious rebellion B. Growth of nationalism C. Economic collapse D. Weakened military...

Konu

Spanish, 20.03.2021 21:20

How do you say your favorite color in spanish...

Konu

Mathematics, 20.03.2021 21:20

Dividend is equal to : divisor * quotient - remainderdivisor , quotientdivisor x quotient + remainderdivisor * quotient x remainder...

Konu

History, 20.03.2021 21:20

Which of the following would have been a likely criticism made by the United States against China's One Child Policy? it violated people's human rights and freedoms by forcing peo...

Konu

Mathematics, 20.03.2021 21:20

Plz help me with it whoever answer it i will them brainiest

Konu

Mathematics, 20.03.2021 21:20

Given 11x)= 17-X2, what is the average rate of change in f(x) over the interval [1, 5]?...

Konu

English, 20.03.2021 21:20

What is the conflict found in the title "The race" by jonh reynolds gardiner and discribe how does the conflict was resolved through a non- violent ways? I need the answer right n...

Other tasks in the category: Social Studies More task