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C233 Employment Law Exam Questions with 100% Correct Answers Supremacy Clause - answerThe Constitution mandates that the Constitution, federal law, treaties, and federal regulations are the highest laws of the land and have priority over state law Independent Contractor - answerthe employer is not subject to wage and hour laws, anti- discrimination laws, federal employee tax withholdings, or vicarious liability law. the IRS has a keen interest in ensuring employers are not improperly clas...

What is the 1st offense penalty for engaging in the practice of residential building without a license? - Answer Not less than $5K and not more than $25K and/or 1 year What is the penalty for engaging in the practice of residential building, resulting in a death? - Answer Not less than $5K and not more than $50K and/or 4 years On your individual builder's license application, what should you write as your "business address"? - Answer Your personal address What is the cost of the indi...

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...

VITA Certification Exam | Questions and Verified Answers| 100% Correct| Graded A (2023/ 2024) QUESTION If a taxpayer offers you a $20 bill because they were so happy about the quality service they received, what would be the appropriate action to take? a. Take the $20 and thank the taxpayer for the tip. b. Tell the taxpayer it would be better to have the $20 deposited directly into your bank account from his refund. c. Thank the taxpayer, and explain that you cannot accept any pay...

Texas Sae Real Estate Brokerage Exam Questions And Answers 100% Verified A consistent disparity in listing versus selling prices may reflect ___________. - answerInaccurate competitive market analyses Which of these would be an advantage for the broker of hiring licensees as salaried employees, rather than as independent contractors on a commission-based compensation plan? - answerSales agents will probably make fewer errors as a result of more broker control and supervision. Which optio...

Circular 230 Exam with 100% Correct Answers | Verified &Update |Rated A+ Which fees are a tax preparer NOT allowed to charge a client? - Contingent How long does a preparer have to hold onto a copy of their client's tax return? - 3 years Of the four types of sanctions on can receive from the IRS, which is most severe? - Disbarment Circular 230 was implemented after the ending of which war? - Civil War Explain how you would apply due diligence while researching to see if your client quali...

TEST BANK FOR FEDERAL TAX RESEARCH 11th EDITION BY ROBY B. SAWYERS, STEVEN GILL COMPLETE CHAPTER 1-19 2024. The Statements on Standards for Tax Services, or SSTS, are a series of statements, issued by the AICPA, as to what constitutes appropriate standards for tax practice. The Statements also delineate a member's responsibility to clients, the public, and the profession. The stated objectives of the Statements are as follows: SSTS No. 1: Tax Return Positions. This statement sets forth the a...

CLFP Exam Questions and Answers Latest Update Scored A+. Oldest Record of Leasing correct answer2010 B.C. in Sumerian City of Ur using Clay tablets for ag tools, land & Water rights, oxen and other animals Code of Hammurabi correct answer1750 BC, acknowledged leasing of Personal Property. First Record of Leasing First Example of A True Lease correct answerShip Charters. Phoenicians leased the ship and crew requiring them to assume benefits and obligations of ownership Statue of Wales corr...

Texas Sae Real Estate Brokerage Exam Questions And Answers 100% Verified A consistent disparity in listing versus selling prices may reflect ___________. - answerInaccurate competitive market analyses Which of these would be an advantage for the broker of hiring licensees as salaried employees, rather than as independent contractors on a commission-based compensation plan? - answerSales agents will probably make fewer errors as a result of more broker control and supervision. Which optio...

VITA ADVANCED EXAM QUESTIONS WITH ANSWERS LATEST 2024/2025 (GRADED) Prior to working at a VITA/TCE site, ALL VITA/TCE volunteers (greeters, client facilitators, tax preparers, quality reviewers, etc.) must: - a. Annually pass the Volunteer Standards of Conduct (VSC) certification test with a score of 80% or higher. b. Sign and date the Form 13615, Volunteer Standards of Conduct Agreement, agreeing to comply with the VSC by upholding the highest ethical standards. c. Pass the Advanced tax l...