Using the information from P6-4A, compute the employers share of the taxes. The FUTA rate for Kentucky
Question:
Using the information from P6-4A, compute the employer’s share of the taxes. The FUTA rate for Kentucky for 2018 is .6% on the first $7,000 of employee wages, and the SUTA rate for the company in Kentucky is 5.4% with a wage base of $10,200.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 62% (8 reviews)
Federal income tax withholdi...View the full answer
Answered By
Deepak Pal
Hi there! Are you looking for a committed, reliable, and enthusiastic tutor? Well, teaching and learning are more of a second nature to me, having been raised by parents who are both teachers. I have done plenty of studying and lots of learning on many exciting and challenging topics. All these experiences have influenced my decision to take on the teaching role in various capacities. As a tutor, I am looking forward to getting to understand your needs and helping you achieve your academic goals. I'm highly flexible and contactable. I am available to work on short notice since I only prefer to work with very small and select groups of students. Areas of interest: Business, accounting, Project management, sociology, technology, computers, English, linguistics, media, philosophy, political science, statistics, data science, Excel, psychology, art, history, health education, gender studies, cultural studies, ethics, religion. I am also decent with math(s) & Programming. If you have a project you think I can take on, please feel welcome to invite me, and I'm going to check it out!
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Payroll Accounting 2019
ISBN: 978-1259917073
5th edition
Authors: Jeanette Landin, Paulette Schirmer
Question Posted:
Students also viewed these Business questions
-
Using the information from P6-6A and P6-7A for Veryclear Glassware (California Employer Account Number 999-9999-9), complete the following State of California Form DE-9, Quarterly Contribution and...
-
Using the information from P6-6B and P6-7B for Peaceful Cat Foods, complete the following State of California Form DE-9, Quarterly Contribution and Report of Wages Report. California employer account...
-
Using the information from P6-10B for Castor Corporation, complete Form W-3 that must accompany the company's Forms W-2. Castor Corporation is a 941-SS payer and is a private, for-profit company. No...
-
The temperature of air changes from 0 to 10C while its velocity changes from zero to a final velocity, and its elevation changes from zero to a final elevation. At which values of final air velocity...
-
An automobile has a gas mileage of 30 miles/gal when traveling at 60 mph on a flat road with no head wind. Gas contains about 21,000 Btu/lbm with a density of 45 lbm/ft3. Estimate the efficiency of...
-
Two circuits contain an emf produced by a moving metal rod, like that shown in Figure 22.4b. The speed of the rod is the same in each circuit, but the bulb in circuit 1 has one-half the resistance of...
-
On January 1,2010, you borrowed $10,000 on a five-year, 8% note payable. At December 31,2010, you should record a journal entry that includes which of the following? a. Note Payable of $10,000 b....
-
Part 1: Calculate the companys Weighted Average Cost of Capital (30 marks) a) Calculate the before-tax cost of bank loans, mortgage loans, and corporate bonds (6 marks). b) Calculate the (market)...
-
You can download data for questions 1 and 2 from finance.yahoo.com. Download to a spreadsheet the last three years of monthly adjusted stock prices for Coca-Cola (KO), Citigroup (C), and Pfizer...
-
In the Delivery App, where can you find your itinerary? O In the Help Menu In the Main Menu On the Navigation screen On the Scan Package screen Mark for follow up Question 5 of 7. Routes are built...
-
Joseph Farmer earned $128,000 in 2018 for a company in Kentucky. He is single with 1 withholding allowance and is paid annually. Compute the following employee share of the taxes using the percentage...
-
Very clear Glassware is a new business owned by Samantha Peoples, the company president. Her first year of operation commenced on April 1, 2018. What schedule depositor would she be for the first...
-
The cost of automobile insurance has become a sore subject in California because insurance rates are dependent on so many different variables, such as the city in which you live, the number of cars...
-
How many degrees of freedom are there in a three-element model of beam fixed at one end and attached to a linear spring at its other end?
-
The free response of a system with a cubic nonlinearity occurs only at the linear natural frequency of the system. Indicate whether the statement presented is true or false. If true, state why. If...
-
Explain the use of the detuning parameter.
-
How many degrees of freedom are there in a two-element model of a fixed-fixed shaft with a rotor at its midspan?
-
What are the dimensions of the following quantities? (a) Coefficient multiplying \(x^{3}\) in nonlinear spring stiffness, \(k_{3}\) (b) The perturbation parameter, \(\varepsilon\) (c) A detuning...
-
The shaft is subjected to a distributed torque along its length of t = (10x 2 ) N m/m, where x is in meters. If the maximum stress in the shaft is to remain constant at 80 MPa, determine the required...
-
According to a recent survey, 40% of millennials (those born in the 1980s or 1990s) view themselves more as spenders than savers. The survey also reveals that 75% of millennials view social...
-
Teddy is a new payroll clerk with B&H Farms. As he prepares to use the wage bracket tables to determine federal income tax withholdings, what information does he need for each employee?
-
Liam is the payroll accountant for Chop Brothers Coffee. As he prepares to use to wage bracket tables to determine federal income tax withholdings for each employee, which information should he have...
-
How is an employees net income computed?
-
Write a java program to perform swapping of two numbers?
-
Consider the general case of a block of mass MB hanging at rest and a dart of mass mo moving horizontally with speed vo. The dart hits and embeds in the block, and the center of mass of the...
-
3 kg of water, originally at 10 degrees Celsius, is mixed with 10 kg of lead. The final result at equilibrium is 16 degrees Celsius. Find the initial temperature of the lead. C = 4186 kg-C (specific...
Study smarter with the SolutionInn App