Calculate employer's total FUTA and SUTA tax. As TCLH Industries operates in North Carolina, assume a SUTA tax rate of 1.2% and a taxable earnings threshold of $23,500.

Current period taxable earnings for FUTA and SUTA taxes are the same as those for FICA taxes. Year-to-date taxable earnings for FUTA and SUTA taxes, prior to the current pay period, are as follows:

Zachary Fox: $0

Calvin Bell: $20,478.57

David Alexander: $198,450

Michael Sierra: $117,600

Answer rating: 100% (QA)

To calculate the employers total FUTA Federal Unemployment Tax Act and SUTA State Unemployment Tax A... View the full answer