Mastering Payroll 2020 - Section 7 - FEDERAL EMPLOYMENT REPORTING FORMS AND DUE DATES ...
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Mastering Payroll 2020 - Section 7 - FEDERAL EMPLOYMENT REPORTING FORMS AND DUE DATES
1. Ron Myerss sole proprietorship pays each of its six full-time employees more than $20,000 a year. Compute Rons FUTA liability for 2020, if: a. The proprietorship is subject to a 1.4% FUTA credit reduction. b. The proprietorship pays SUI timely and in full throughout the year and is not subject to a FUTA credit reduction.
Please show work, thank you.
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