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Hey trevskies, first of all, thank you for your review This video is an extended version of a previous one i've made That's why it looks so long :) the project i'm working on will be wayyy longer with lots of different positions, avoiding loops as much as possible There's some animated previews on my twitter if you're.

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I read your link and listed it below Yours is referring to being a partner or owner (of an sch business ) when you are a shareholder, so look at last paragraph and link with it as you are subject to unemployment taxes and need to file a form 940 You had one or more employees for at least some part of a day in any 20 or more different weeks in either of the past two years For each of the following independent circumstances, calculate both the futa and suta tax owed by the employer

For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation 1:an employer in statesboro, georgia, employs two individuals, whose. A business operating in ava, ilfuta tax rate = %q,2 A business operating in columbus, ohfuta tax rate = % q,3

A business operating in austin, tx futa tax rate =0.

Futa is a payroll tax owed by the employee and reported annually which of the following statements is true regarding federal unemployment tax (futa) Multiple choice futa is a payroll tax owed by the business and reported annually on tax form 940. In schedule c for line number 23, can i deduct full payroll tax or i have to enter just the employer portion of the taxes? Yes, you should be concerned if you find you owe federal income taxes (fit)

Fit is withheld depending on several factors, including your. The completed payroll register for the february and march biweekly pay periods is provided, assuming benefits went into effect a anticipated required Using the payroll registers, complete the general journal entries as follows February 7 journalize the employee pay

February 7 journalize the employer payroll tax for the february 7 pay period

Use 5.4 percent sura and 0.6 percent futa For futa purposes, the cash value of remuneration paid in any medium other than cash is not considered taxable wages Retirement pay is taxable wages for futa purposes There is a uniform rate of unemployment true / false _____1

Also, for the first $7,000 paid to each employee, the company’s futa taxes are 0.6% and suta taxes are 5.4% Business accounting accounting questions and answers transaction no Also, complete the federal deposit information worksheet, using the blank form reproduced

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