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    Too Short's Avatar
    Too Short Posts: 85, Reputation: -1
    Junior Member
    		  
    #1

    Mar 3, 2007, 10:39 PM
    Confuse and thinking
    :eek: The Boxon Company began its operations in August of the current year. During August and September, the company paid wages of 6,950. For the last Quarter of the year, the taxable wages paid amounted to 12,910. None of the employees were paid more than 7,00 this year.

    A) Is Boxon Company liable for Futa tax this year? Explain.

    B) If so what is the gross FUTA tax before any credit is granted for the SUTA tax?
    JoeCanada76's Avatar
    JoeCanada76 Posts: 6,669, Reputation: 1707
    Uber Member
    		  
    #2

    Mar 3, 2007, 10:54 PM
    Just to let you know, if this is homework. We do not do it for you.

    Joe
    Too Short's Avatar
    Too Short Posts: 85, Reputation: -1
    Junior Member
    		  
    #3

    Mar 6, 2007, 10:04 PM
    Quote Originally Posted by Jesushelper76
    Just to let you know, if this is homework. We do not do it for you.

    Joe
    Just explain this to me because this is driving me crazy and making my head hurt
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