What Coronavirus related employment tax provides eligible employers with an employee retention credit if they keep employees on their payroll?

Both the employer and employee have to contribute to Medicare tax.

What is the Medicare tax rate for both the employer and employee?

What is the Social Security tax rate for both the employer and employee?

What is the Social Security wage base limit for 2021?

Deposit and payment of the employers share of what tax may be deferred?

Where can Federal Income Tax withholding methods be found?

Who is permitted to use the moving expense reimbursement?

The backup withholding rate is _____.

A qualified small business may elect to claim a payroll tax credit against the employer's share of social security tax using form _____ to determine the amount of the credit thay can be used in the current quarter.

To become a certified professional employer organization (CPEO) the organization must meet the requirements of section(s) _______ and related published guidance.

who is defined as married for federal tax purposes?

A severance payment is subject to ______.

Federal tax deposits must be made by electronic funds transfer.

When may electronic funds withdrawal be used to make payments to the IRS?

What forms must you complete to verify if a new employee is eligible to work in the United States?

For the purposes of reporting a new hire to a designated state new hire registry, a new employee is an employee who hasn't previously been employed by you or was previously employed by you but has been separated from prior employment for at least ____ days.

A Form 1099-NEC must be filed to report payments of _____ or more to persons not treated as an employees.

It is the employee's responsibility on each payday to withhold income tax based on the employee's ______.

How many years does the IRS require an employer to maintain employee records for inspection?

If you change the name of your business, when must you notify the IRS of the name change?

If a payment to the IRS is dishonored and returned from a financial institution the penalty is equal to the amount of the payment when the payment is less than ____.

If you deposited all FUTA tax when due, you may file Form 940 by ____.

What is the due date for filing Forms W-2 and W-3 with the Social Security Administration?

The EIN is a number issued by the IRS to employers. It is arranged as which of the following?

As defined in employee status under common law, what is the key identifier distinguishing an employee from a contractor?

If a worker isn't a common law employee federal income tax is not withheld from their pay unless ____.

Employers who want to reclassify their workers from independent contractors to employees for future tax periods may participate in the Voluntary Classification Settlement Program.

If you and your spouse own and operate an unincorporated business as community property you may elect to be taxed as a

Payments for the services of a child under age 21 who works for his or her parents, whether or not in a trade or business, aren't subject to ____ tax.

You are required to get the name and SSN for each enployee, including resident and nonresident alien employees and enter them on a Form ____.

Employers can use the Social Security Number Varification Service to instantly verify up to ____ names and SSNs at a time

You may pay an employee in cash or other forms.

what is the 50% test?

Medical care reimbursements paid for an employee under an employer's self-insured medical reimbursement plan are not ____.