The taxable wage base for FUTA is the first $128,400 of wages paid to each employee.
Correct Answer:
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Q4: FICA taxes are levied on employees' earnings
Q5: The following totals for the month
Q6: Total payroll tax expense is the total
Q7: The following totals for the month
Q11: The following totals for the month
Q12: Companies must report FICA taxes quarterly.
Q13: The following totals for the month
Q14: Form W-3 summarizes the totals of each
Q32: FICA taxes are a deduction from employee
Q33: The employer incurs a payroll tax expense
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