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Business, 22.11.2021 14:00 BreBreDoeCCx

Thomas Longbow is the only employee of Presido, Inc. During the first week of January, Longbow earned $800.00 and had federal and state income tax withholdings of $40.00 and $15.00, respectively. FICA taxes are 7.65% on earnings up to $117,000. State and federal unemployment taxes for the period are $50.00 and $8.00, respectively. What is Presido's payroll tax expense for the week

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Thomas Longbow is the only employee of Presido, Inc. During the first week of January, Longbow earne...

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