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Identify the taxes that result in payroll tax expense

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Reference no: EM131129373

1. Jack Quaney, president of the Ramsberg Company, has recently hired a number of additional employees. He recognizes that additional payroll taxes will be due as a result of this hiring, and that the company will serve as the collection agent for other taxes.

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In a memorandum to Jack Quaney, explain each of the taxes, and identify the taxes that result in payroll tax expense to Ramsberg Company.

Reference no: EM131129373

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