Question 16

The employer must withhold FICA and federal income taxes, and pay FUTA tax, when the employee's tips exceed what amount?
  • Question 17

    At least how often must employers report fringe benefits as income for federal tax withholding purposes?
  • Question 18

    All of the following credit transactions will not cause an out-of-balance issue for payroll transactions processed on Tuesday, but posted prior to the Friday check date EXCEPT:
  • Question 19

    When making the federal payroll tax deposit, the accounting entry to record an advance payment of EIC would be:
  • Question 20

    All state and local government employees are subject to both Social Security and Medicare withholding under Section: