Please show how the calculations are made. Thank you very much! PAYROLL PROJECT 2018...
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Please show how the calculations are made. Thank you very much!
PAYROLL PROJECT 2018 ONE MONTH PROJECT The One Month Project Corporation, is a small business in Herndon, VA. The company address is 10 Period Lane, Herndon, VA 20170. Its Federal and State tax identification numbers are: 12-3456789, its state unemployment number is 4444444, and its president, who signs all the paychecks and tax returns is John Parker (telephone number 571-555-0007). One Month Project Corporation is on a weekly payroll schedule, paid on Monday for the previous week (which runs from Saturday to Friday). All employees work a 40 hour workweek, any hours worked in excess of 40 will be paid at 1.5 times the regular earning rate. One Month Project Corporation has a SUTA tax rate of 3.1% with a wage base of $8,000. Note that QuickBooks defaults to a Social Security wage base of $128,400. Below is a listing of employees: Name |Address |SS #Fed State Marital ! W/H W/H Status Married Parker Cranston 85 Southern Road 111-11 2 Herndon, VA 20170 Married Allison Harrison 203A Pine Court 777-77- 4 Herndon, VA 20170 ik Single John Parker 212 Tradition 444-44- 1 Lane Herndon, VA 20170 41 Seward Blvd 333-33- 2 Married Pierre Sternberg Herndon, VA 333 20170 Pierre Sternberg was hired in November, his first day of work was Monday, November 19, 2018 *Allison Harrison was laid off in Mid December, her last day worked was Friday December 21, 2018 Below is a listing of employee earnings and voluntary deductions: PAYROLL PROJECT 2018 ONE MONTH PROJECT The One Month Project Corporation, is a small business in Herndon, VA. The company address is 10 Period Lane, Herndon, VA 20170. Its Federal and State tax identification numbers are: 12-3456789, its state unemployment number is 4444444, and its president, who signs all the paychecks and tax returns is John Parker (telephone number 571-555-0007). One Month Project Corporation is on a weekly payroll schedule, paid on Monday for the previous week (which runs from Saturday to Friday). All employees work a 40 hour workweek, any hours worked in excess of 40 will be paid at 1.5 times the regular earning rate. One Month Project Corporation has a SUTA tax rate of 3.1% with a wage base of $8,000. Note that QuickBooks defaults to a Social Security wage base of $128,400. Below is a listing of employees: Name |Address |SS #Fed State Marital ! W/H W/H Status Married Parker Cranston 85 Southern Road 111-11 2 Herndon, VA 20170 Married Allison Harrison 203A Pine Court 777-77- 4 Herndon, VA 20170 ik Single John Parker 212 Tradition 444-44- 1 Lane Herndon, VA 20170 41 Seward Blvd 333-33- 2 Married Pierre Sternberg Herndon, VA 333 20170 Pierre Sternberg was hired in November, his first day of work was Monday, November 19, 2018 *Allison Harrison was laid off in Mid December, her last day worked was Friday December 21, 2018 Below is a listing of employee earnings and voluntary deductions
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