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Business, 21.12.2019 02:31 girlgirl7230

If prior to the last weekly payroll period of the calendar year, the cumulative earnings for an employee are $98,800, earnings subject to social security tax are $100,000, and the tax rate is 6.0%, the employer's social security tax on the $2,000 gross earnings paid on the last day of the year is $120.
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If prior to the last weekly payroll period of the calendar year, the cumulative earnings for an empl...
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