Donner Company began its operations in September of the current year. During September, the company...
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Accounting
Donner Company began its operations in September of the current year. During September, the company paid wages of $23,400. For the last quarter of the year, the taxable wages paid amounted to $64,700. None of the employees was paid more than $7,000 this year. a. Is Donner Company liable for FUTA tax this year? Yes Correct b. If your answer to part a above is "Yes", what is the net FUTA tax for the year? Round your answer to the nearest cent.
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