What is the expected payroll tax for the period


Problem

Kolinchak Company's expected gross payroll for the period is $300,000. Assuming that its FICA rate is 7.65%, its FUTA rate is 0.8% and its SUTA rate is 5.4%, what is the expected payroll tax for the period?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Accounting Basics: What is the expected payroll tax for the period
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