Roxy Co., which has a taxable payroll of $800,000, is subject to 6.2% FUTA tax and a

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Roxy Co., which has a taxable payroll of $800,000, is subject to 6.2% FUTA tax and a 5.4% state tax rate. However, due to stable work experience, the company's state tax has been reduced to 2%.

What is the total amount of federal and state unemployment tax for Roxy Co.?

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Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: May 23, 2023 04:17 AM

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Roxy Co., which has a taxable payroll of $800,000, is subject to 6.2% FUTA tax and a

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Income Tax Fundamentals 2013

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