Hintley Duck Blinds Ltd received a federal tax levy garnishment for their marketing manager, Joanna Mallard, in the amount of $8,523.25. If Joanna is single with three exemptions and brings home $845.00/week, what amount will go towards the garnishment each week (manually calculate)?

Q: ​Jack, an employee of Desert​ Sky, Inc., has gross salary for May of $18,000. The entire amount is…

A: Journal entry: Journal entry is a set of economic events which can be measured in monetary terms.…

Q: 1.Ms. Evelyn is tax comiance officer at the breau of internal revenue earning monthly salary of…

A: 1.Introduction Take home pay in corporate terms is mentioned as "Net Pay"which an salaried person…

Q: Catherine is employed in ABC Corporation. She received the basic wage for 2015 in the total amount…

A: Tax refers to the amount charged by the government from the individual or companies on the income…

Q: Borden Company received a federal tax levy on John Kline. Kline is single, claims 2 personal…

A: Federal tax levy is the tax levied by the employer and deduct tax on the salary withdrawn.

Q: Richard and Linda are the only two employees of Carolina Company. In January, 2013, Richard's gross…

A: Richard FICA Tax = Richard's gross pay x FICA tax rate = $5500*8% = $440

Q: Carson Holiday has a federal tax levy of $4,119.90 against him. If Holiday is single with three…

A: Taxable income is the amount of income computed to measure the amount of taxes to be paid to the…

Q: Justin Matthews is a waiter at the Duluxe Lounge. In his first weekly pay in March, he earned…

A: Step 1: Net pay is the value which is computed after deducting the taxes and deductions allowed for…

Q: In each of the following cases, discuss how the taxpayers might respond to a tax rate increase in a…

A: When there is an increase in the rate of taxes, it may discourage people to work efficiently in the…

Q: d taxpayer who reports on a calendar-year basis. This year Paylate Corporation has decided to pay…

A: Gross income refers to the sum value of money gained by an entity such as salaries, wages, business…

Q: eorgina has four employees who earned $75,000, $27,000, $2,100, and $6,200 during 2020,…

A: Explanation: FUTA Tax rate = 6% less-Credit of SUTA Tax Rate FUTA Tax rate = 6%-5.4% FUTA Tax rate =…

Q: Phan Mai is single with two dependent children under age 17. Phan estimates her wages for the year…

A: The Taxpayers are considered as unmarried sometimes even when they are not separated legally, then…

Q: Lauren is paid a 6% commission on total sales she sold 2 houses this week for $285,900 and $320,700…

A: Lauren will be required to Pay Self Employment Tax as Net Earnings from Employment exceeds $400.…

Q: What is the amount of Q's foreign tax credi

A:

Q: XYZ, Inc. is an accrual basis taxpayer with a calendar year end. XYZ received $72,000 cash on August…

A: Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: Miss Irish Ryan receives a regular semi-monthly salary of 25,000. If she is married with three…

A:

Q: Ana Rosa, president of the Apoka Company, has a bonus arrangement with the company under which she…

A: Bonus = net income x rate100 + rate  Provision  for income tax = ( net income - bonus ) x tax rate…

Q: Lemur Corp. is going to pay three employees a year-end bonus. The amount of the year-end bonus and…

A: Introduction: Journal: Recording of a business transactions in a chronological order. First step in…

Q: Karen Most has a federal tax levy of $2,100.50 against her. If Most is single with two personal…

A: Tax: It is levied on individual and the Corporation by the Federal Government of the country.

Q: Ms. Anna Frozen operates an ice cream store while she offers bookkeeping services to her clients. In…

A: An individual who has an income source purely from self-employment and their turnover of gross sales…

Q: Through November, Cameron has received gross income of $70,000. For December, Cameron is considering…

A: A taxpayer's tax liability is equal with his or her entire wage less any permitted tax deductions. A…

Q: Elizabeth’s regular hourly wage rate is $22, and she receives an hourly rate of $33 for work in…

A: Gross earnings = (40 hours x $22 per hour) + (Hours in excess of 40 hours x $33 per hour) =(40 hours…

Q: In January of year 0, Justin paid $6,200 for an insurance policy that covers his business property…

A: Here insurance policy covered for the current year is only for 9 months period That is from APRIL TO…

Q: Through November, Cameron has received gross income of $55,000. For December, Cameron is considering…

A: The standard deduction for 2021 is $12,550. While the standard deduction for 2022 is $12,950. As the…

Q: gross

A: a) For the month of January, Mary's take-home salary would've been $14,560. To get at this figure,…

Q: is $20, and she receives an hourly rate of $30 for work in excess of 40 hours. During a January pay…

A: Normal Pay                     $20×40            =$800 Over time pay                 $30×10…

Q: What is her tax due liability in her 1st quarter return?

A: 1. An individual who has an income source purely from self-employment and their turnover of gross…

Q: income: Ms. Carol received Taka 12,00,000 as cash salary out of which basic pay was 60%, medical…

A: Total income refers to the total sum value of money earned or gained by an entity through its…

Q: Robert and John are married and have 4 dependent children and earn a gross biweekly salary of…

A: The tax owed to the government by the employer or entity that made payment to the recipient is…

Q: Justin Matthews is a waiter at the Duluxe Lounge. In his first weekly pay in March, he earned…

A: Here to calculate the federal income withhold taxes, social security tax, Medicare and state income…

Q: Gross sales, P240,000 Purchases from VAT registered suppliers, P156,980 How much is the percentage…

A: Percentage tax is the amount of tax which is paid by non VAT registered suppliers. It is indirect…

Q: Amy's gross pay for the week is $850. Her deduction for federal income tax is based on a rate of…

A: Net pay = Gross pay - Total deductions.

Q: Paquito, a university instructor, earns a gross monthly salary of ₱46,200.00. Paquito is married and…

A: Net income per month = 46200 - 590 - 397.50 - 100 - 4300 = 40812.50 Net income per year = 40812.50 *…

Q: red Stone is an employee of Henrock Company. During the first part of the year, Stone earned $4,340…

A: The federal government and state governments fetched unemployment taxes. The federal government…

Q: Herman Swayne is a waiter at the Dixie Hotel. In his first weekly pay in March, he earned $360.00…

A: Under the wage payment method of withholding taxes, federal taxes are withheld as per the rates…

Q: Ms. Venus is the owner of Bebe Party Favors store She also works as a party host The following…

A: First scenario( when 8% income tax rate is intended) Taxable income Gross sales  from stores…

Q: PROBLEM: Jose Diaz has a federal tax levy of $4,119.90 against him. If Diaz is single with three…

A: Note: In the given question, it is assumed that the tax year is 2017 and taxes are to be filled in…

Q: Richard and Linda are the only two employees of Bush Company. In January, 2013, Richard's gross pay…

A: Richard federal unemployment Tax = Richard's gross pay x federal unemployment Tax tax rate =…

Q: Carson Holiday has a federal tax levy of $4,119.90 against him. If Holiday is single with three…

A: Note: In the given question, it is assumed that the tax year is 2017 and taxes are to be filled in…

Q: Delta Cron, the president of the VARIANT COMPANY, receives 15% of the net income (after deducting…

A: Bonus = 15% of the Net Income after taxes but before bonus. Net Income after Tax and Bonus =…

Q: Ms. Anna Frozen operates an ice cream store while she offers bookkeeping services to her clients. In…

A: "Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: a. Federal income tax withholdings b. Federal income tax withholdings c. Federal income tax…

A: The income tax withholding is an amount of the tax that is deducted by the employer from the…

Q: Bluedragon is engaged in the following business activities for the year 2021: buying and selling of…

A: Tax is a charge which a tax has to pay to the government. The 3% percent tax rate is on the gross…

Q: Borden Company received a federal tax levy on John Kline. Kline is single, claims 2 personal…

A: Correct answer is $543.07    $fill in blank 1 = $543.07 (Federal tax levy)

Q: Thuy worked as the assistant manager at Burger Crown through August 2021 and received wages of…

A: The social security taxes are the payroll taxes required to be paid by the employers and employees.…

Q: Brody’s gross monthly salary amounts to ₱34,600.00 per month subject to the following deductions:…

A: Income tax is a direct tax charged by the central or state government authority on the total income…

Q: Through November, Cameron has received gross income of $120,000. For December, Cameron is…

A: As you have not mentioned which year has to be considered for calculation, so i am solving as per…

Q: Company has an employee, Sue Nami, who has an estimated net income of $104,000 in 2022. Sue will be…

A: Income Tax: It is the charge levied on the income of the individual or company by the govt. as per…

Q: Popoy is a messenger of Basha Logistics. He receives a monthly salary of P25,000. At the end of the…

A: computation of taxable income of Mr. Popoy  for the year particulars  Amount (PHP) Basic…

Q: 1. Ms. Anna Frozen operates an ice cream store while she offers bookkeeping services to her clients.…

A: Answer:-  Tax Liability:- Tax liability can be defined as the payment owing to a union, state, or…