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FPC Exam Prep Questions And Accurate Answers
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FPC Exam Prep Questions And AccurateAnswers 2024-2025
Worker who has Fed, OASDI, Medicare, State withheld - ANSWER Employee
Worker who has the employer pay ER taxes - ANSWER Employee
Worker who gets a W2 form - ANSWER Employee
Worker who does not have taxes withheld - ANSWER Independent Contractor
Worker who has TIN - ANSWER Independent Contractor
Worker who gets 1099 Form - ANSWER Independent Contractor
Asks how independent is the employee and how much control can be exervised over the
worker. - ANSWER Common Law Test
A worker cannot sign a new contract stating that they will be an indepndant contractor.
- ANSWER Common Law Test
Employer has treated similar workers as independent contractors for any period and
has filed tax returns - ANSWER Reasonable Basis Test
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
Eligibility verification ANSWER It is the responsibility of the employer to verify that any
employee is eligible to work in this country. All employees hired after November 6, 1989
must be verified.
By what date does Section 1 of Form I-9 need to be completed? ANSWER The date the
employee was hired.
By what date does Section 2 of Form 1-9 need to be completed? ANSWER No later than
three days from the date the employee was hired.
Form SS-5 - ANSWER Application for a social security card
Form I-9 - ANSWER Employment Eligitability Verification
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