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Levels Tought:
Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 401 Weeks Ago, 3 Days Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Kip Bowman is owner and sole employee of KB Corporation. He pays himself a salary of $1,500 each week.
Additional Tax Information includes:
FICA tax -OASDI 6.2% on first 113,700
FICA tax - HI 1.45% total pay
FIT - 232 per pay
SIT -22% of federal income tax withholding
FUTA - 0.6% on first 7,000
SUTA - 0.05% on first $14,000
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Additional payroll deductions include:
401(k) - 3% per pay
Child Sup. Garnish - 100 per pay
Health Insurance Prem. - 95 per pay
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Record the payroll entry and payroll tax entry for the pay of the week ended June 6 (his year-to-date pay is $31,500)
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