mattola company is giving each of its employees a holiday bonus of $100 on December 15 (a non payday) the company wants each employee's check to be $100. The supplemental tax percent is used. A. What will the gross amount of each bonus if each employee pays a state income tax of 2.8 % (besides the other payroll taxes) and B. What would the net amount of each bonus check be if the company did not gross-up the bonus?
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Home » Business » mattola company is giving each of its employees a holiday bonus of $100 on December 15 (a non payday) the company wants each employee's check to be $100. The supplemental tax percent is used. A.