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You have heard that there are additional costs associated with paying...

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Accounting

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You have heard that there are additional costs associated with paying someone a salary (taxes, benefits, etc.). You are wanting to hire someone for $50,000 per year You may need to do some internet research to answer the below and some will just be estimates. How much are you going to have to pay additionally for Medicare Social Security Health Insurance How much will this $50,000 position really cost you

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Account Name Type of Account Debit or Cre Liability Credit