There is a dollar amount of payroll taxes that differentiates between monthly depositing of payroll taxes...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
There is a dollar amount of payroll taxes that differentiates between monthly depositing of payroll taxes verses semiweekly depositing of payroll taxes. What is the dollar amount? Answer: If the employer has timely filed all federal and state payroll taxes, how much of a credit are they allowed on the determination of federal unemployment taxes? O a. 5.4% O b. .06% O c. 2.9% O d. 6.0% O e. 6.2% B There is a dollar amount of payroll taxes that differentiates between monthly depositing of payroll taxes verses semiweekly depositing of payroll taxes. What is the dollar amount? Answer: If the employer has timely filed all federal and state payroll taxes, how much of a credit are they allowed on the determination of federal unemployment taxes? O a. 5.4% O b. .06% O c. 2.9% O d. 6.0% O e. 6.2% B
Expert Answer:
Answer rating: 100% (QA)
The images portray two separate questions about payroll and unemployment taxes 1 The first question ... View the full answer
Related Book For
Principles of Cost Accounting
ISBN: 978-1305087408
17th edition
Authors: Edward J. Vanderbeck, Maria Mitchell
Posted Date:
Students also viewed these accounting questions
-
Ehrlich Co. began business on January 2, 2015. Salaries were paid to employees on the last day of each month, and social security tax, Medicare tax, and federal income tax were withheld in the...
-
Courtside Concepts Co. began business on January 2, 2011. Salaries were paid to employees on the last day of each month, and social security tax, Medicare tax, and federal income tax were withheld in...
-
1. Construct a simple pendulum starting with 20 cm length. 2. Hang the pendulum as pictures in one of the two methods shown above. 3. Using the protractor, displace the pendulum 10 degrees from the...
-
You can produce a spectrum by placing a tray of water in bright sunlight. Lean a pocket mirror against the inside edge of the tray and adjust it until a spectrum appears on the wall or ceiling. Aha!...
-
Assume that you are the CEO of a major producer of potato chips. You have four plants and discover that one of the plants is more productive than the other three; specifically, the midnight to 8 a.m....
-
True strain is given by. (a) \(\bar{\varepsilon}=1+\varepsilon\) (b) \(\bar{\varepsilon}=\ln +(1+\varepsilon)\) (c) \(\bar{\varepsilon}=\frac{1}{1+\varepsilon}\) (d) \(\bar{\varepsilon}=\ln...
-
Drink-At-Home, Inc. (DAH, Inc.), develops, processes, and markets mixes to be used in nonalcoholic cocktails and mixed drinks for home consumption. Mrs. Lee, who is in charge of research and...
-
Discuss anything you learned about personal financial management in Kindergarten through 12th grade. What do you remember? Has anyone in your life discussed financial management with you? If so, what...
-
At the beginning of the year, Anna began a calendar-year business and placed in service the following assets during the year: Date Acquired 1/30 Cost Asset Basis $ 58,000 $ 62,000 $ 105,000 $ 440,000...
-
When using the LWQ method, a pharmacist needs to obtain 60 mg of a drug using a balance that has a MWQ of 120 mg. If the desired quantity of drug is to be contained in a mixture mass of 150 for the...
-
Jorge and Anita, married taxpayers, earn $ 1 5 0 , 0 0 0 in taxable income and $ 4 0 , 0 0 0 in interest from an investment in City of Heflin bonds. ( Use the U . S . tax rate schedule for married...
-
Make an attempt to find evidence of the direction of the magnetic field at the marked point using the magnetic field probe. Describe any successful strategies and results.
-
identify and describe one theological discourse in John's gospel
-
Chloe s Cafe bakes croissants that it sells to local restaurants and grocery stores. The average costs to bake the croissants are $ 0 . 5 5 for 2 , 3 0 0 and $ 0 . 5 0 for 4 , 6 0 0 . Required: If...
-
Orangeberry Inc.'s next dividend is expected to be $8.00. Their growth rate is 3% and due to their perceived risk, their required rate of return on their stock is 13%. What would a share of...
-
On 1 July 2020, Harry Ltd leased a crane from Potter Ltd. The crane cost Potter Ltd $120 307, considered to be its fair value on that same day. The finance lease agreement contained the following...
-
Identify Thank You mission, strategy and core competencies. Identify strategy changes that have taken place at Thank You since its founding in 2008. Your answer must in text references and must be...
-
Sandy Arens, SS# 123-45-6789, is a Grade 1 Machinist who earns $20 per hour. On Monday, June 24 through Wednesday, June 26, she worked four hours per day on each of Jobs 007 and 2525. On Thursday and...
-
Perkins Processors Inc. produces an average of 10,000 units each month. The factory standards are 20,000 hours of direct labor and 10,000 pounds of materials for this volume. The standard cost of...
-
What are the advantages and disadvantages of each of the following for a company that has greatly fluctuating sales during the year? a. A stable production policy b. A stable inventory policy
-
A construction contract differs from contracts that we generally deal with that focus on an easily defined physical object because the physical object can be examined. How is the object of a...
-
What does the owner contribute to the project and what does the contractor contribute to the project?
-
The construction schedule is the only project document that fully communicates the contractor's intentions for delivering the contracted scope of services over the full course of the project...
Study smarter with the SolutionInn App