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The monthly salaries for December and the year-to-date earnings of the employees of Canzano Consulting Company as of November 30 follow Determine the amount of social security tax to be withheld

The monthly salaries for December and the year-to-date earnings of the employees of Canzano Consulting Company as of November 30 follow.  Determine the amount of social security tax to be withheld from each employee’s gross pay for December. Assume a 6.2 percent social security tax rate and an earnings base of $113,700 for the calendaryear.

Apr 10 2020 View more View Less

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