Employement taxes - Study guides, Class notes & Summaries

CA Contractors License Test Questions Business and Law Qs&As Review Exam How much time does a contractor have to renew his license after the expiration date without retaking the exam? - ANS-5 year When you collect sales tax from your customer for goods, which agency do you report and pay sales tax collected? - ANS-State board of equalization Sales tax is a state tax. State income taxes are payable to the franchise tax board. IRS only collects federal taxes How long is the contractor li...

How much time does a contractor have to renew his license after the expiration date without retaking the exam? - Answer 5 year When you collect sales tax from your customer for goods, which agency do you report and pay sales tax collected? - Answer State board of equalization Sales tax is a state tax. State income taxes are payable to the franchise tax board. IRS only collects federal taxes How long is the contractor liable for patent or visible defects? - Answer 4 years How l...

How much time does a contractor have to renew his license after the expiration date without retaking the exam? - 5 year When you collect sales tax from your customer for goods, which agency do you report and pay sales tax collected? - State board of equalization Sales tax is a state tax. State income taxes are payable to the franchise tax board. IRS only collects federal taxes How long is the contractor liable for patent or visible defects? - 4 years How long is the contractor...

How much time does a contractor have to renew his license after the expiration date without retaking the exam? - correct answer 5 year When you collect sales tax from your customer for goods, which agency do you report and pay sales tax collected? - correct answer State board of equalization Sales tax is a state tax. State income taxes are payable to the franchise tax board. IRS only collects federal taxes How long is the contractor liable for patent or visible defects? - correct ans...

Payroll Concept Workers Status - Form SS8 is the IRS determination of EE or IC status. Reasonal Basis Test aka Safe Harbor Rules Sec 530-Alls ee to be treated like a IC for specific reasons such as a court order, IRS audit results, Attorney or CPA advisement, or long standing industry standard for that job role. Common Law Test- see chart for example EE is required to comply with ER instructions about when where and how to work. IC sets own hours determines own sequence of work. Form W9 req...

Certified Payroll Professional Exam (CPP) Part 1|40 Questions with Verified Answers Payroll Concept Workers Status - CORRECT ANSWER Form SS8 is the IRS determination of EE or IC status. Reasonal Basis Test aka Safe Harbor Rules Sec 530-Alls ee to be treated like a IC for specific reasons such as a court order, IRS audit results, Attorney or CPA advisement, or long standing industry standard for that job role. Common Law Test- see chart for example EE is required to comply with ER instructions...

Certified Payroll Professional Exam (CPP) Part 1

How much time does a contractor have to renew his license after the expiration date without retaking the exam? - 5 year When you collect sales tax from your customer for goods, which agency do you report and pay sales tax collected? - State board of equalization Sales tax is a state tax. State income taxes are payable to the franchise tax board. IRS only collects federal taxes How long is the contractor liable for patent or visible defects? - 4 years How long is the contractorr liable for...

Certified Payroll Professional Exam (CPP) Part 1|40 Questions with Verified Answers Payroll Concept Workers Status - CORRECT ANSWER Form SS8 is the IRS determination of EE or IC status. Reasonal Basis Test aka Safe Harbor Rules Sec 530-Alls ee to be treated like a IC for specific reasons such as a court order, IRS audit results, Attorney or CPA advisement, or long standing industry standard for that job role. Common Law Test- see chart for example EE is required to comply with ER instructions...

WGU C214 OA Financial Management. What is included in the Income Statement and NOT in the Statement of Cash Flows? - Depreciation Expense Computation of Net Income: A co. sold products in 2014 for $120k and collected $100k cash and remainder in 2015. Co. incurred $70k expenses for 2014 and paid $100k which included $30k for expenses incurred in 2013. What is net income for 2014? - Computation of Net Income (R-E=NI) $50,000 Net Income = $120k - $70k = $50k, or Revenues - Expenses Incurre...