Which of the following payroll costs are shared equally by the employer and the employee? a....

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Which of the following payroll costs are shared equally by the employer and the employee? a....

Which of the following payroll costs are shared equally by the employer and the employee?

a. Ste unemployment taxes

b. Worker's compensation

c. Social Security

d. Federal unemployment taxes

business accounting

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Answer 1

Answer #1

Option C

Social security tax is one of the payroll tax, it is the cost paid by both employee and employer and shared equally by the employee and employer.

For example, if the employer withheld $2,500 from employee salary then the employer must have to contribute $2,500 as well.

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Answer 2

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Which of the following payroll costs are shared equally by the employer and the employee? a....

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