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2023 Certified Payroll Professional (CPP
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2023 Certified Payroll Professional (CPP
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2023 Certified Payroll Professional (CPP)Section 1 Exam- 15 Questions and
Answers
Which of the following forms may be completed and submitted to the IRS to
determine the employment status of an individual for federal income and
employment tax purposes? - -Form SS-8
-Which of the following forms must be submitted to an independent
contractor (who is paid at least $600) after the end of the year for services
performed during that year? - -Form 1099-NEC
-All of the following types of evidence support an employer's treatment of a
worker as an independent contractor under the "reasonable basis" test
except: - -Place of work
-All of the following facts and circumstances would be typical of an
independent contractor except: - -Paid by the hour
-Each of the following individuals would be classified as an employee except:
- -Attorney (solo practitioner)
-All of the following workers are statutory employees except: - -Qualified
real estate agents
-Full-time life insurance salespersons paid solely by commission are exempt
from: - -FUTA tax
-If an employer fails to withhold social security and Medicare taxes from a
worker it misclassifies as an independent contractor and does not file a Form
W-2 or a Form 1099 for that worker, what penalty may the IRS impose? - -
40% of the employee's share of social security and Medicare taxes
-How long must an employer retain a Form I-9 for a terminated employee
who worked for the employer for more than four years? - -1 year after
termination
-Which of the following situations describes one of the general requirements
that must be met for workers to be considered statutory employees? - -They
have a continuing relationship with the employer
-Each of the following goals is a reason why states might require employers
to report newly hired employees except: - -To locate individuals who have
not claimed sate lottery winnings
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