Peroni Company paid wages of $170,900 this year. Of this amount, $114,000 was taxable for net FUTA and SUTA purposes. The state's contribution tax rate is 3.1% for Peroni Company. Due to cash flow problems, the company did not make any SUTA payments until after the Form 940 filing date. Compute the following; round your answers to the nearest cent.
b. Amount that Peroni Company would pay to the federal government for its FUTA tax
[Solved] Amount that Peroni Company would pay to the federal
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- Submitted On 23 Feb, 2018 02:00:43