FPC Exam Prep Questions With Correct
Answers
Worker that has Fed, OASDI, Medicare, State withheld - answerEmployee
Worker that requires the employer to pay ER taxes - answerEmployee
Worker that receives W2 form - answerEmployee
Worker that does not have taxes withheld - answerIndependent Contr...
Longstanding industry standard of treating similar workers as independent contractors -
answer✔Reasonable Basis Test
Court decisions for treating workers in similar circumstances as independent contractors -
answer✔Reasonable Basis Test
IRS has ruled in a "published ruling" that the workers are indpendent contractors -
answer✔Reasonable Basis Test
Temporary Service Provider or Leasing Company - answer✔Pays employees and taxes instead
of company the employee is performing services for
Immigration reform and Control Act of 1986 (IRCA) - answer✔Requires employer to verify
employees' eligibility for employment in the US.
Penalties for Violating IRCA - answer✔$375 for the first offence and $16,000 for the third
Antidiscrimination under IRCA - answer✔The law prohibits discrimination in hiring or
recruiting workers on the basis of national origin or citizenship
Verification of eligitability - answer✔The burden of verifying that any employee is eligible to
work in this country falls on the employer. All employees hired after November 6, 1989 must be
verified.
When must Section 1 of Form I-9 be completed? - answer✔The employee's date of hire.
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