Medicare tax is always payable on gross pay as Descibed below|
<u>Explanation</u>:
Note: 1
FICA Social security’s tax
FICA - social security tax is payable on maximum wages of $128,400.
Once an employee's year to date earnings or cumulative earnings exceed the wage base of $128,400, no additional Social Security tax isto be withheld from the employee's earnings.
So, before calculating the FICA - social security tax, we have to check whether the September earnings along with cumulative earnings until August is exceeding $128,400 or not .
If September earnings plus cumulative earnings until August is exceeding $ 128,400, then.
Social Security tax = [($128,400 minus Cumulative earnings until August) or gross salary whichever is lesser] into 6.20%. and if it is not, then
Social Security tax = Gross pay during September into 6.20%
Note 2
FICA minus Medicare tax
Medicare tax is always payable on gross pay. Medicare tax = Gross pay x 1.45%
Answer:
Nursing
Explanation:
I took the test and got it right
Answer:
The correct answer is letter "C": There should be discussion and well understood ways that the partners will handle disagreements and have a written exit strategy.
Explanation:
The Model Business Corporation Act (<em>MBCA</em>) is a set of laws meant to regulate business practices. The Act or at least part of it is accepted by every state of the U.S. The MBCA goes over different topics related to the establishment of a corporation such as the steps related to creating the firm, the liability and its effects, corporate management structure and good practices to avoid internal misunderstandings.
The phenomenon experienced by the client when he believed that the performance appraisal was unfairly influenced by a drug error that the employee committed several weeks ago, is called the Horns Effect.
<h3>What is the Horns Effect?</h3>
The Horns Effect is a rater bias property in performance appraisal at workplace. It is a tendency for a single negative attribute to influence the rater to mark everything on the lower side of the scale. It is a bias that makes them think that one bad attribute seems to spoil the bunch.
It is the exact opposite of Halo Effect and makes decision making challenging. Horns Effect may lead to unfair sanctions or inappropriate dismissal of the employee.
To know more about Horns Effect, visit:
brainly.com/question/988504
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Answer:
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