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Tom's Gross Pay for the Week Is $800

question 61

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Tom's gross pay for the week is $800.Tom's yearly pay is under the limit for OASDI.Assume that the rate for state and federal unemployment compensation taxes is 6.2%,and that Tom's pay year-to-date has not yet exceeded the $7,000 cap.How much is the total amount of payroll taxes that Tom's employer must record as payroll tax expenses?


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A concept in psychoanalytic theory referring to a part of the unconscious mind shared among beings of the same species containing universal experiences.

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