Question: Required information Suppose Jim worked 67 hours during this payroll period and is paid $13.00 per hour. Assume FICA IS 6.2%, Medicare is 1.45% and
Required information Suppose Jim worked 67 hours during this payroll period and is paid $13.00 per hour. Assume FICA IS 6.2%, Medicare is 1.45% and withholding tax is 10%. Calculate Jim's employer's total payroll tax liability for the period. 2 Payroll Liab
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