Payroll Management, Finance And Accounting

Question: Why has the IRS allowed employers to combine federal taxes when computing withholding amounts?
A
The rates are all the same.

B
Payroll software cannot accommodate different rates.

C
There is no stated reason.

D
To make computing taxes easier for employers

Note: Answer not sure
1. Report
Question: A company that employs ______________ is subject to the Civil Rights Act of 1964.
A
at least 15 workers for 20 weeks per year

B
at least 100 workers

C
at least 1 worker who works 40 hours a week

D
at least 12 workers for 45 weeks per year

Note: Answer not sure
1. Report
Question: For an employer, which of the following is a benefit of using direct deposit?
A
Gets cash out of the company bank account faster

B
Less costly than printing and signing checks

C
Prevents employee fraud

D
No direct benefit

Note: Answer not sure
1. Report
Question: The term "earned income credit" refers to ______________.
A
a special credit for people who make over a certain amount

B
a credit given to people in the form of a monthly check

C
a direct reduction in taxes for employees with incomes below a stipulated level

D
a credit given to people who are unemployed

Note: Answer not sure
1. Report
Question: Employee C wants to contribute $8,000 a year to his tax shelter annuity. The district allows payroll deductions for tax shelter annuities to be spread over 18 pay periods. How much will have to be deducted each pay period so that Employee C contributes the $8,000?
A
$535.43

B
$644.34

C
$444.44

D
$464.66

Note: Answer not sure
1. Report
Question: Which of the following statements about independent contractors is true?
A
An independent contractor determines when, where, and how he or she will work under a contract.

B
An independent contractor files a Form W2 like any other employee.

C
Federal taxes are withheld for independent contractors.

D
Independent contractors work part-time.

Note: Answer not sure
1. Report

First Prev 6 7 8 Next Last

Question: Why has the IRS allowed employers to combine federal taxes when computing withholding amounts?

Question: A company that employs ______________ is subject to the Civil Rights Act of 1964.

Question: For an employer, which of the following is a benefit of using direct deposit?

Question: The term "earned income credit" refers to ______________.

Question: Employee C wants to contribute $8,000 a year to his tax shelter annuity. The district allows payroll deductions for tax shelter annuities to be spread over 18 pay periods. How much will have to be deducted each pay period so that Employee C contributes the $8,000?

Question: Which of the following statements about independent contractors is true?