If you do not know whether a new worker is an employee or an independent contractor: A. you must treat the worker as an employee B. you must treat the worker as an independent contractor C. you may seek a determination from the IRS, but until the IRS responds you must treat the worker as an employee D. you may seek a determination from the IRS on classifying the person, but

To obtain a Social Security card, an individual should submit: A. Form SS-4 B. Form SS-5 C. Form W-4 D. None of the above

Lee works 34 hours Monday-Thursday, and 8 hours on Friday, a national holiday. If she is paid $10.00 an hour, what is her pay for the week? A. $400 B. $410 C. $420 D. $430

Salary advances that are repaid in the same year: A. must follow the claim of right rule B. are not permitted under tax law C. have no effect on taxable wages D. generally increase the employer's FUTA tax

If employee Zeke asks you to date the last paycheck that you hand out in 2021 as "2020," you should: A. agree to defer the pay, but withhold FICA and FIT in 2021 B. agree to defer the pay, but obtain written acknowledgement from Zeke that he may be subject to the "claim-of-right rule." C. agree to defer the pay, but let Zeke know that he will be subject to the "claim-of-right rule." D. refuse to postdate the check

If Good Company deposited its federal employment taxes timely and in full this year, its Form 941 due date for August wages is: A. September 30 B. October 31 C. November 10 D. November 30

An employee paid $8 an hour works 50 hours one workweek. How much premium pay is due the employee under federal law? A. $80 B. $40 C. $120 D. $160

Wages are taxable: A. when paid B. when constructively received C. when Form 941 is submitted D. as of the date on the paycheck

Super Dry Cleaners started up January 1, 1990. As of March 1, 2021, sales are $850,000. What is the federal minimum hourly wage Super Dry must pay its employees during March 2021? A. $2.13 B. $5.85 C. $6.55 D. $7.25

Copies of the W-4 are normally be submitted to the IRS: A. annually with Form 940 B. with Form 941 C. with a transmittal Form W-3 D. only upon request

Your firm pays 3 employees as follows:

Factory Worker $24/hour Sales Employee $20/hour Executive $50/hour

One workweek, each employee works 42 hours. For this workweek, what is the total premium pay for your firm? A. $44 B. $24 C. $94 D. No premium pay is due for overtime under federal law

An employer should not accept a W-4 if: A. the worksheet is not completed and signed B. the employee requests that a fixed percentage of pay be withheld C. the employee submits more than one change within the same tax year D. all of the above

To be exempt from federal wage-hour law, an administrative employee must have: a title that includes the word "manager" a minimum salary of $370 a week the power to hire and fire personnel under his/her supervision active responsibility for establishing and enforcing company policy

QuikCo's FUTA tax liability at the end of first quarter is $480.and $100 at the end of the second quarter, $100. What is the latest date that first-quarter taxes can be paid without incurring a late penalty? A. April 30 B. July 10 C. July 31 D. August 10

A former employee requesting a W-2 should be provided with: A. Copy A, Copy 1 and Copy 2 B. Copy B, Copy 2 and Copy 3 C. Copy A, Copy 2 and Copy 3 D. Copy B, Copy C and Copy 2

A nonretail business that began operations in 1985 must abide by federal wage-hour law if gross annual sales are: A. $0 or more B. $362,500 or more C. $250,000 or more D. $500,000 or more

If paper Forms 1099 are filed, what is the correct transmittal form? A. There is no transmittal form B. Form 1095 C. Form 1096 D. Form 1097

In December 2021, GrabCo withholds from an employee's pay: $100FICA; $200 FITW; $50 SIT, and a $40 contribution to a 401k. For this pay period, its 941-tax liability for this employee is: A. $100 B. $200 C. $400 D. $450

Which of the following is not included in the journal entry for employer payroll tax expense? A. FICA Employer B. FICA Employee C. FUTA Payable D. SUI Payable

Robert starts work Monday, January 4, and works all week. By what date should his Form I-9 be completed? A. January 15 B. January 8 C. January 9 D. January 7

On January 4, 2021, Tom is paid for the pay period ending December 31, 2020. Prior to December 31, Tom had FICA withheld on $143,000. How much FICA should be withheld from this $450 paycheck for the pay period ending December 31, 2020 and on which year's W-2 should it be included? A. $6.53 on the 2021 W-2 B. $34.43 on the 2021 W-2 C. $6.53 on the 2020 W-2 D. $34.43 on the 2020 W-2

Jack made $143,000 in 2021 and paid $5,235 in FIT. What amounts were reported on the W-2 in boxes 3, 4, 5 and 6, respectively? A. $142,800; $8,853.60; $142,800; $2,070.60 B. $142,800; $8,853.60 $143,000; $2,073.50 C. $143,000; $8,866.00; $143,000; $2,073.50 D. $142,800, $10,924.20; $143,000; $5,235

Wages earned of $201,000 in 2021 are subject to employee FICA tax at the rate of: A. 1.45% B. 7.65% C. 8.55% D. 2.35%

As of November 19, 2021, Lulu's year-to-date wages are $141,300. Her gross paycheck for the next payday in December is for $4,500. How much FICA tax should the employer withhold from this payment? A. $114.75 B. $128.25 C. $158.25 D. $344.25

UpCo employee Rachel quits and moves. UpCo wants to give Rachel her final paycheck but cannot find her. UpCo must submit the check to the state under: A. the claim of right B. FLSA C. escheat law D. the principle of constructive receipt