An employee earns $6,250 per month working for an employer. The FICA tax rate for Social Security is 6.2% and the FICA tax rate for Medicare is 1.45%. The current FUTA tax rate is 0.8% and the SUTA tax rate is 5.4%. Both unemployment taxes apply to the first $7,000 of an employee's pay. The employee has $212 in federal income tax withheld. The employee has voluntary health insurance deductions of $180 and contributes $90 to a retirement plan each month. What is the amount the employer must record as an employee's employment tax expense for the month of January?

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To calculate the employers employment tax expense we need to calculate the total amounts of FICA FUT... View the full answer