The employees of the Chop House earned gross salaries of $45,000 during January. The company complied with the law regarding…
The employees of the Chop House earned gross salaries of $45,000 during January. The company complied with the law regarding employeesâ€™ withholdings and employer matching. Withholdings were 6.2% for Social Security tax, 1.45% for Medicare tax, $3,058 for federal income tax, and $1,900 for state income tax. Salaries earned in January will be paid during February.
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