$3878.55
Explanation:
Step 1 :
It is given that Kristy has a biweekly gross earnings of $1950.
Since it is bi-weekly payments there are 26 payments in the year.
Gross earnings per year = 1950 * 26 = $50,700
Step 2 :
It is given that the social security tax is 6.2% up to $128,400. Kristy's earnings of 50,700$ does not exceed the threshold $128,400, hence 6.2% of her entire income is subject to social security withholding.
Social security withholding = 6.2% of 50,700 = 6.2*50700/100 = $3143.40
Step 3 :
It is given that Medicare tax is 1.45% with no wage limit
Medicare withholding = 1.45% of 50,700 = 1.45*50700/100 = $735.15
Total withholding = Social Security withholding + Medicare withholding 3143.40 + 735.15 = $3878.55
Answer:
Explanation:
Ultimately, the onus is on the state government to balance the checkbook, so the state has to decide the benefits maximum amount, duration, and eligibility to receive the benefits. For this reason, you notice that unemployment benefits largely vary by state. Some states like Massachusetts could pay as high as $1,220 depending on the eligibility criteria.
To solve this question, take 3% of $10,000 to see what the increase would be:
$10,000 x 3% = $300
There is an increase of $300 due to the 3% credit card processing fee that the credit card company is imposing on Elliston.
Answer: A sales lead is identified via marketing and advertising, referrals, social media, networking and outreach, product trials, or consultations. A lead does not become a prospect until they've been qualified to determine their level of interest and fit as a potential customer.
Explanation:
Answer:
According to the OECD the total expenditure of the US government, including state and local is about a 38% of the GDP.
Explanation:
The federal government expends almost the 55% of the total and the remaining 45% the state and local government.
