Following is the payroll information for XYZ corp. for the cumulative...
60.1K
Verified Solution
Link Copied!
Question
Accounting
Following is the payroll information for XYZ corp. for the cumulative wages quarters one - three and the fourth quarter 2018. Employee Cumulative Wages Fourth Quarter Wages Quarters 1-3 Horn 10,000 3,000 Smith 7,300 1,500 Tims 3,500 9,000 Todd 6,500 6,500 Rogers 5,000 4,000 Biis 11,300 5,900 XYZ is located in a state that has an unemployment tax rate of 4.5% and a wage base of $ 13,000 What is XYZ FUTA tax for the 4th quarter? What is XYZ SUTA tax for the 4th quarter
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
