None of the employees was paid more then 7000 this year is


Question - Donner Company began its operation in September of the current year. During September, the company paid wages of $23,400. For the last quarter of the taxable wages paid amounter to $64,700. None of the employees was paid more then $7,000 this year. Is Donner Company liable for FUTA tax this year? Explain.

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Accounting Basics: None of the employees was paid more then 7000 this year is
Reference No:- TGS02522861

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