PSb 5-1 Determine the Applicable FUTA Tax Rate For each of the following businesses, determine the applicable FUTA tax rate for 2020 based on the locations listed below:   1: A business operating in the U.S. Virgin IslandsFUTA tax rate =  % 2: A business operating in Columbus, OhioFUTA tax rate =  % 3: A business operating in Austin, TexasFUTA tax rate =  % 4: A business operating in Oakland, CaliforniaFUTA tax rate =  % 5: A business operating in Birmingham, AlabamaFUTA tax rate

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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PSb 5-1 Determine the Applicable FUTA Tax Rate

For each of the following businesses, determine the applicable FUTA tax rate for 2020 based on the locations listed below:

 

1: A business operating in the U.S. Virgin Islands

FUTA tax rate =  %

2: A business operating in Columbus, Ohio

FUTA tax rate =  %

3: A business operating in Austin, Texas

FUTA tax rate =  %

4: A business operating in Oakland, California

FUTA tax rate =  %

5: A business operating in Birmingham, Alabama

FUTA tax rate 

 

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