Term
Jane is a cosmetologist, working in a local hair salon. She rents a station from the owner, has her own clients, sets her own hours, sets her own prices, and provides her own supplies. What is her worker classification?
a-Employee
b-Independent contractor |
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John is a mechanic working full time for Auto Works, Inc. They pay for him hourly,inspect his work,set his schedule, and supply his tools and supplies. What is John's worker classification?
a-Employee
b-Independent contractor |
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Term
Which of the employee would be considered a Statutory employee?
a-Office manager
b-Driver
c-Real Estate Agency
d-Tupperware Consultant |
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Term
Which of the following would be considered a Statutory Nonemployee?
a-Office Manager
b-Driver
c-Real Estate Agent
d-Carpenter |
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Term
Worker Misclassifications- If an employer unintentionally misclassifies an employee as an independent contractor and files a form 1099, what are the penalties?
a-40% of the employee's SS/Med; 3% of the wages for not withholding FIT
b-20% of the employee's SS/Med;1.5% of the wages for not withholding FIT
c-25% of the employee's SS/Med; 5% of the wages for not withholding FIT
d-100% of the employee's taxes |
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Definition
b-20% of the employee's SS/Med;1.5% of the wages for not withholding FIT |
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Term
Worker Misclassifications- If an employer unintentionally misclassifies an employee as an independent contractor and DOES NOT files a form 1099, what are the penalties?
a-40% of the employee's SS/Med; 3% of the wages for not withholding FIT
b-20% of the employee's SS/Med;1.5% of the wages for not withholding FIT
c-25% of the employee's SS/Med; 5% of the wages for not withholding FIT
d-100% of the employee's taxes
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Definition
a-40% of the employee's SS/Med; 3% of the wages for not withholding FIT |
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Term
Worker Misclassifications- If an employer intentionally misclassifies an employee as an independent contractor, what are the penalties?
a-40% of the employee's SS/Med; 3% of the wages for not withholding FIT
b-20% of the employee's SS/Med;1.5% of the wages for not withholding FIT
c-25% of the employee's SS/Med; 5% of the wages for not withholding FIT
d-100% of the employee's taxes
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Definition
d-100% of the employee's taxes
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Term
Fred is hired on March 6, 2017. Fred works for one day and leaves the company on March 7. How long must employer keep his form I-9?
a-March 6, 2018
b-March 7, 2017
c-March7, 2018
d-March 6, 2020 |
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Which form is used to verify and employee's right to work in the U.S. ?
a-) SS-4
b-) SS-8
c-) I-9
d-) W-9 |
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All of the following criteria would be typical of an independent contractor EXCEPT?
a-works off site
b-paid by the hour
c-furnished own tools
d-sets own work hours |
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Term
How long must an employer retain a Form I-9 for a terminated employee who worked for the employer for more than four years?
a-1 year after termination
b- 3years after termination
c- 7 years after termination
d-Does not have to keep terminated employees I-9 forms |
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If an employer unintentionally fails to withhold social security and medicare taxes from a worker it mis-classifies as an independent contractor and does not file a form W-2 or a form 1099 for the worker, what penalties may the IRS impose?
a-10% of the employee's share of social security and medicare taxes
b-20% of the employee's share of social security and medicare taxes
c-40% of the employee's share of social security and medicare taxes
d-100% of the employee's share of social security and medicare taxes |
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Definition
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