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CERTIFIED PAYROLL PROFESSIONAL QUESTIONS AND ANSWERS WITH SOLUTIONS 2024 $14.49   Add to cart

Exam (elaborations)

CERTIFIED PAYROLL PROFESSIONAL QUESTIONS AND ANSWERS WITH SOLUTIONS 2024

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  • Course
  • LCP4804
  • Institution
  • LCP4804

CERTIFIED PAYROLL PROFESSIONAL QUESTIONS AND ANSWERS WITH SOLUTIONS 2024

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  • September 22, 2024
  • 16
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • LCP4804
  • LCP4804
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CERTIFIED PAYROLL PROFESSIONAL
QUESTIONS AND ANSWERS WITH
SOLUTIONS 2024
FormHSS-8H-
HANSWERHDeterminationHofHworkerHstatusHforHpurposeHofHfederalHemploymentHtaxesHandHincomeHtaxHwit

hholding.HCanHbeHfilledHoutHbyHtheHbusinessHorHworker.



FormHW-4H-
HANSWERHEmployeesHwithholdingHallowanceHcertificate.HDocumentsHtheHamountHofHfederalHtaxHwithholdi

ng.



FormHSS-4H-HANSWERHApplicationHforHemployerHidentificationHnumber.



FormH8233H-
HANSWERHExemptionHfromHwithholdingHonHcompensationHforHindependentHpersonalHservicesHofHaHnonres

identHalienHindividual.HTheHpurposeHisHtoHclaimHanHexemptionHfromHtheHwithholdingHrequirements.



FormH1096H-
HANSWERHAnnualHsummaryHandHtransmittalHofHU.S.HinformationHreturns.HItHisHusedHtoHsummarizeHeachHty

peHofHinformationHreturn.HAHseparateH1096HisHtoHbeHfiledHwithHeachHgroupHofHreturns.HFormsH1097,1098,1
099.



FormH1042-TH-HANSWERHAnnualHsummaryHandHtransmittalHofHformsH1042-
S.HSummarizeHtheHincomeHandHtaxesHwithheldHamountsHfromHallHcorrespondingHforms.



FormH1042-SH-
HANSWERHForeignHperson'sHU.S.HsourceHincomeHsubjectHtoHwithholding.HToHreportHincomeHsubjectHtoHwith

holdingHforHforeignHpersonsHsuchHasHnonHresidentHaliens,HforeignHpartnerships,HforeignHcorporations,Hforei
gnHestatesHandHforeignHtrusts.HInterests,Hrents,HandHroyalties.HCertainHnaturalHresourceHgainsHandHcertainH
gainsHonHcertainHintellectualHproperty.



FormH1042H-
HANSWERHAnnualHwithholdingHtaxHreturnHforHU.S.HsourceHincomeHofHforeignHpersons.ToHreportHtheHamou

ntHofHincomeHtaxHwithholdingHonHcertainHincomeHpaidHtoHnonHresidentHaliens,HforeignHpartnerships,Hforeig

,nHcorporations,HforeignHestatesHandHforeignHtrusts.FormH1042HmustHbeHfiledHinHanyHofHtheHfollowingHcriter
iaHareHmet:HFormH1042HisHrequiredHtoHbeHfiledHorHGrossHinvestmentHincomeHisHpaidHtoHtaxableHforeignHpriv
ateHfoundationsHorHSpecifiedHfederalHprocurementHpaymentsHareHpaidHtoHanyHforeignHperson.



FormHSS-5H-
HANSWERHApplicationHforHaHSocialHSecurityHCard.HApplyHforHaHnewHcardHorHaHreplacementHcardHorHtoHmak

eHanHexistingHcard.



FormH1099-RH-HANSWERHDistributionsHFromHPensions,HAnnuitiesHRetirementHorHProfit-
SharingHPlans,HIRA'sHInsuranceHContractsH($10HorHmore)



FormH1099-MISCH-HANSWERHMiscellaneousHIncomeHisHtoHreportHtoHeachHrecipientHandHtheHIRS.H-
RoyaltiesHnoHlessHthanH$10H-
PaymentsH$600HorHmoreHforHRents,HServices,HPrizesHandHAwards,HOtherHincomeHpaymentsHandHAttorneys.



FormHW-9H-
HANSWERHRequestHforHTaxpayerHIdentificationHNumberHandHCertification.HTheHpurposeHisHforHtheHpayerHto

HobtainHtheHcorrectHidentificationHnumber.




FormHW-2CH-HANSWERHCorrectHerrorsHonHW-2's.HOnlyHupdateHincorrectHfields.



FormHW-3H-HANSWERHEssentiallyHtheH"CoverHSheet"HforHtheHtransmittalHofHFormsHW-
2.*250HorHmoreHforms,HyouHmustHfileHelectronicH(FormHW-3HisHnotHrequiredHforHelectronicHfiling)



FormHW-3CH-HANSWERHRequiredHwheneverHaHFormHW-2CH(CopyHA)HisHfiledHinHpaperHform.



Employee(CommonHLawHEmployee)H-
HANSWERHAnyoneHwhoHperformsHservicesHforHyouHisHyourHemployeeHifHyouHcanHcontrolHwhatHwillHbeHdone

HandHhowHitHcanHbeHdone




IndependentHContractorH-
HANSWERHTheHgeneralHruleHisHthatHanHindividualHisHanHindependentHcontractorHifHtheHpayerHhasHtheHrightH

toHcontrolHorHdirectHonlyHtheHresultHofHtheHworkHandHnotHwhatHwillHbeHdoneHandHhowHitHisHdone.

, TemporaryHAgency/LeasedHEmployeeH-
HANSWERHEmployeesHareHhiredHbyHtemporaryHhelpHservicesHandHsendHtheHworkersHtoHcompaniesHwhoHne

edHemployees.HAHleasedHemployeeHisHanHemployeeHwhoseHserviceHisHleasedHfromHaHcompanyHthatHspecial
izesHinHrecruitment.HAllHtempHagencyHemployeesHareHleasedHemployeesHbutHtheHconverseHisHnotHnecessari
lyHtrue.



WorkerHStatusH-
HANSWERHIndependentHContractor,HEmployeeH(CommonHLawHEmployee),HStatutoryHEmployee,HStatutoryH

Non-Employee



ObligationsHforHTemporaryHAgencyH/LeasedHEmployeeH-
HANSWERHPayroll.HBookkeeping,TaxHDeductions,HWorkersHCompHandHFringeHBenefits




CommonHLawHTestH-
HANSWERHTheHkeysHareHtoHlookHatHtheHentireHrelationship.HConsiderHtheHdegreeHorHextentHofHtheHrightHtoH

directHandHcontrol.DocumentHeachHofHtheHfactorsHusedHinHcomingHupHwithHdetermination.



ReasonableHBasisHTestH-
HANSWERHSafeHHarborHRulesHSecH530HRevenueHActHofH1978.HEmployeesHvs.HIndependentHContractorsHforH

taxHpurposes.



JudicialHPrecedentHSafeHHavenH-
HANSWERHTaxpayersHusingHpreviousHlegalHrulingsH(withinHreasonHforHemployeeHclassification)




PastHAuditHSafeHHavenH-
HANSWERHTaxpayerHrelyingHonHanHauditHbyHIRSHforHemploymentHtaxesHdue.H(EmployeeHclassification)




IndustryHPracticeHSafeHHavenH-HANSWERHRecognizedHindustryHpractices.H(EmployeeHclassification)



OtherHReasonableHBasesH-
HANSWERHNotHmeetingHotherHSafeHHavenHrules,HbutHstillHhavingHaHreasonableHbasisHtoHconsiderHaHworkerH

aHcontractor.

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