Leonard recorded gross pay of $250,000. This is subject to employee’s portion of social security and Medicare taxes of $16,750, unemployment taxes of $3,000, and federal tax withholdings of $46,000.
Leonard recorded gross pay of $250,000. This is subject to employee’s portion
of social security and Medicare taxes of $16,750, unemployment taxes of $3,000, and federal tax withholdings of $46,000. How much is the total liability for this payroll?