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Discussion Topic 2: Employers pay FUTA and SUTA taxes on employee wages. In determining the...

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Accounting

Discussion Topic 2: Employers pay FUTA and SUTA taxes on employee wages. In determining the FUTA and SUTA taxable earnings, how could an employer be liable for a net FUTA tax greater than 0.8 percent? Continuing with Continuing Payroll Problem B on page 5-55 determine the taxable wages for FUTA and SUTA. Each person show the work for one hourly and one salaried employee only.

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