Payroll exam 2025 - Study guides, Class notes & Summaries

CPP Certified Payroll Professional APA Master Exam Practice | Questions and Correct Answers | Latest Update 2024/2025 Form SS-8 - Answer -Determination of Worker Status for Purposes of Federal Employment Taxes and Income Tax Withholding Form W-9 - Answer -First, it is used by third parties to collect identifying information to help file information returns with the IRS. The form is never actually sent to the IRS, but is maintained by the person who files the information return for veri...

MHA 710/ MHA710 Exam 4: (Latest 2024/ 2025) Questions and Verified Answers| Grade A| 100% Correct Q: Which of the following provisions included in the Affordable Care Act (ACA) was responsible for the largest number of newly insured? Answer: Expansion of Medicaid Q: The most costly expansion of Medicaid since its inception is referred to as: Answer: The State Children's Health Insurance Program. Q: Answer: In 2008, the state of Oregon used a lottery to ext...

CERTIFIED PAYROLL PROFESSIONAL (CPP) EXAM ACTUAL EXAM 2 VERSIONS (VERSION A AND B) COMPLETE 500 QUESTIONS WITH DETAILED VERIFIED ANSWERS(100% CORRECT ANSWERS)/ALREADY GRADED A+

What is FICA? correct answers-Federal Insurance Contributions Act -Made up of social security and medicare -levies taxes on all employees (even self-employed) 2020 Social Security Tax Rate correct answers6.2% of the first $137,700 in wages. Both employee and employer is 6.2%. Not subject to social security taxes if wages exceed this amount. This amount is DOUBLED for those who are self employed, 12.4% Medicare tax rate correct answers1.45% no cap (no wage limit on this tax) 2.9% for ...

Form SS-8 correct answersDetermination of worker status for purpose of federal employment taxes and income tax withholding. Can be filled out by the business or worker. Form W-4 correct answersEmployees withholding allowance certificate. Documents the amount of federal tax withholding. Form SS-4 correct answersApplication for employer identification number. Form 8233 correct answersExemption from withholding on compensation for independent personal services of a nonresident alien indivi...

The number of withholding allowances claimed by an employee is set forth on Form W-2. True False correct answersFalse Both the percentage method and the wage-bracket method of withholding have each of the following characteristics except unmarried persons are distinguished from married persons a table of allowances values is used employees are given the full benefit of the allowances they claim tables and wage-bracket charts are used to determine the amount withheld the standard deduct...

Which of the following cannot be found on a standard paystub? correct answersPrior year's gross wages The Fair Labor Standards Act requires that, for non-exempt employees, the overtime hourly pay rate be at least what percentage of the regular hourly pay rate? correct answers150% An employer can designate any 7-day period as a ___________ as long as it begins and ends consistenely each week. correct answersworkweek Publication 15 is also referred to as ________. correct answersCircular...

Core correct answersCover the basics-easily pay your team and have your payroll taxes done for you. Premium correct answersManage your team and perfect payday with powerful tools and services. Elite correct answersAccess on-demand experts to simplify payday and protect what matters most. Full Service Payroll correct answersFast unlimited payroll runs Calculate paychecks and taxes Automated taxes and forms Workforce Portal Available in all 50 States Manage garnishments and deduction...

CPP CERTIFIED PAYROLL PROFESSIONAL EXAM ACTUAL EXAM 150 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS)

CPP CERTIFIED PAYROLL PROFESSIONAL EXAM ACTUAL EXAM 150 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS)