Jen Fisher Flashcards
CPP TEST FLASHCARDS
Employers have an obligation to…
withhold, match and pay taxes.
2 test to determine if someone is an independent contractor?
Common Law and reasonable basis tests
What is the key to the common law test?
Right to control
What form can an ER use to determine is someone is an EE or Independent contractor?
SS-8
What does IRC stand for?
Internal Revenue Code
What form must you complete due to the Immigration Reform and Control Act of 1986?
I9 Form
What Act is regulates new hire reporting?
Personal Responsibility and Work Opportunity Reconciliation Act of 1996
Statutory EE’s are subject to….
FICA and FUTA, now FIT
ER’s must report new hire to state directory within…
20 days
FLSA stands for?
Fair Labor Standards Act
What is needed to fulfill the white collar exemption?
primary duties, discretionary authority and minimum salary.
What is the minimum hourly pay for computer related professional?
$27.63
What is the federal minimum wage?
$7.25
How much is the opportunity wage?
$4.25
Minimum wage of tipped employee?
$2.13