Reference no: EM13913677
The information listed below refers to the employees of Brennan Company for the year ended December 31, 2013.
The wages are separated into the quarters in which they were paid to the individual employees.
-1.png)
For 2013, State D's contribution rate for Brennan Company, based on the experience rating system of the state, was 3.6% of the first $7,000 of each employee's earnings. The state tax returns are due one month after the end of each calendar quarter. During 2013, the company paid $3,024.00 of contributions to State D's unemployment fund.
Employer's phone number: (613) 555 0029. Employer's State D reporting number: 00596.
Using the forms supplied on pages 5 52 to 5 54, complete the following for 2013:
a. The last payment of the year is used to pay the FUTA tax for the fourth quarter (the first three quarter's liability was more than the $500 threshold). State D is not a credit reduction state.
Tax Payment:
Date _____________ Amount $____________
b. Employer's Report for Unemployment Compensation, State D 4th quarter only. Item 1 is the number of employees employed in the pay period that includes the 12th of each month in the quarter. For Brennan Company, the number of employees is ten in October, nine in November, and eight in December. All employees earned 13 credit weeks during the last quarter except for Sun (8) and Harrow (9).
c. Employer's Annual Federal Unemployment (FUTA) Tax Return Form 940 Indicate on each form the date that the form should be submitted and the amount of money that must be paid.
The president of the company prepares and signs all tax forms.
Of (b)
-2.png)
OF(C)
|
Analysis of a proposed ambulatory surgery
: Assume that your organization's chief financial officer (CFO) has just completed a presentation to the board of trustees concerning the analysis of a proposed ambulatory surgery center costing $2 million. During the presentation, the CFO indicated th..
|
|
Customer purchase
: On December 24 WSS received a check for $9,165. and a customer purchase order from ANDU for a cash sale
|
|
Opportunity cost of using the land for the proposed project
: A skilled nursing–facility chain is considering building a new facility on a piece of property that it currently owns. The property was purchased five years ago for $250,000 and could be sold now at a current market value of $100,000. When estimating..
|
|
Determine whiteweilers take home pay
: Julie Whiteweiler made $930 this week. Only social security (fully taxable) and federal income taxes attach to her pay. Whiteweiler contributes $100 each week to her company's 401(k) plan and has $25 put into her health savings account (nonqualified)..
|
|
The information listed below refers to the employees
: The information listed below refers to the employees of Brennan Company for the year ended December 31, 2013.
|
|
Tito company and exercises
: Armando Company owns 17,000 of the 70,000 shares of common stock outstanding of Tito Company and exercises a significant influence over its operating and financial policies
|
|
Project is estimated to have a net present value equal
: A project is estimated to have a net present value equal to $85,000. The risk-adjusted opportunity cost of capital is 15 percent. Which of the following statements is most correct?
|
|
Medical group practice is considering offering new service
: A medical group practice is considering offering a new service with risk that is greater than the current risk of the business. In evaluating this investment, the decision maker should
|
|
Formula to calculate the insurance cost
: In column J, enter a formula to calculate the insurance cost if the renter has elected insurance coverage (Yes in column E). Use the instrument’s group code and the Monthly Insurance column in the RentalCharges table to look up the insurance cost. Re..
|