Wayland Custom Woodworking

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Wayland Custom Woodworking is a firm that manufactures custom cabinets and woodwork for business and residential customers. Students will have the opportunity to establish payroll records and to complete a month of payroll information for Wayland. Wayland Custom Woodworking is located at 1716 Nichol Street, Logan, Utah, 84321, phone number 435-555-9877. The owner is Mark Wayland. Wayland’s EIN is 91-7444533, and the Utah Employer Account Number is 999-9290-1. Wayland has determined it will pay their employees on a semimonthly basis. Federal income tax should be computed using the percentagemethod. The SUTA (UI) rate for Wayland Custom Woodworking is 2.6% on the first $32,200. The state withholding rate is 5.0% for all income levels and marital statuses.

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Required information [The following information applies to the questions displayed below.] Wayland Custom Woodworking is a firm that manufactures custom cabinets and woodwork for business and residential customers. Students will have the opportunity to establish payroll records and to complete a month of payroll information for Wayland. Wayland Custom Woodworking is located at 1716 Nichol Street, Logan, Utah, 84321, phone number 435-555-9877. The owner is Mark Wayland. Wayland’s EIN is 91-7444533, and the Utah Employer Account Number is 999-9290-1. Wayland has determined it will pay their employees on a semimonthly basis. Federal income tax should be computed using the percentage method. The SUTA (UI) rate for Wayland Custom Woodworking is 2.6% on the first $32,200. The state withholding rate is 5.0% for all income levels and marital statuses. Specific instructions on how to complete each form can be found within the individual forms themselves. The employee information for Wayland has been presented again below, for convenience. Employee Number 00-Chins Name and Address Anthony Chinson 530 Sylvann Avenue Logan, UT 84321 435-555-1212 Job title: Account Executive 00-Wayla Mark Wayland 1570 Lovett Street Logan, UT 84321 435-555-1110 Job title: President/Owner 01-Peppi Sylvia Peppinico 291 Antioch Road Logan, UT 84321 435-555-2244 Job title: Craftsman 01-Varde Stevon Varden 333 Justin Drive Logan, UT 84321 435-555-9981 Job title: Craftsman 02-Hisso Leonard Hissop 531 5th Street Logan, UT 84321 Payroll information Married, 1 Withholding allowance Exempt $24,000/year + commission Start Date: 10/1/2016 SSN: 511-22-3333 Married, 5 withholding allowances Exempt $75,000/year Start Date: 10/1/2016 SSN: 505-33-1775 Married, 7 withholding allowances Exempt $43,500/year Start Date: 10/1/2016 SSN: 047-55-9951 Married, 2 withholding allowances Nonexempt $42,000/year Start Date: 10/1/2016 SSN: 022-66-1131 Single, 4 withholding allowances Nonexempt $49,500/year 435-555-5858 Job title: Purchasing/Shipping 00-Succe Student F Success 1650 South Street Logan, UT 84321 435-556-1211 Job title: Accounting Clerk Start Date: 10/1/2016 SSN: 311-22-6698 Single, 1 withholding allowance Nonexempt $36,000/year Start Date: 10/1/2016 SSN: 555-55-5555 Required: Part 1 1. Complete Form 941 for the remittance of quarterly federal taxes. Part 2 Required: 940 PG1 Complete Form 940 for Wayland Custom Woodworking. Continued below Part 3 940 PG2 ...
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