In the case of an employee who changes jobs during the year, only the
first employer must pay FUTA tax on that employee's earnings.
5 of 5
The deposits of FUTA taxe
A. How do nonprofit organizations, subject to coverage, make payments to the
unemployment compensation fund?
According to the Florida Compensation Law, a nonprofit organization is defined as in
Section 3306(c)(8) of the Federal Unemployment Tax Act and Se
Which of the following fringe benefits is taxable?
membership in a country club
use of on-premise athletic facility
qualified employee discounts
re-duced tuition for education.
5 of 5
During this past week, one of your newly employed payroll associates dropped into your
office to ask several questions regarding wage reporting for federal income and social
security tax purposes. If you were the payroll supervisor, how would you answer e
Question 1.1. Employers must withhold FICA taxes on payments that are made to independent contractors. (Points : 5)
Question 2.2. Year-end bonuses paid to employees are not subject to the hospital insurance (HI) part of the FICA tax.
During the first week in November, Erin Mills worked 45 hours and produced 1,275 units
under a piece-rate system. The regular piece rate is $0.45 a unit. Mills is paid overtime according
to the FLSA ruling for overtime work under a piece-rate system
December 31, 2012
Total Current Assets
Property, Pland and Equipment
Less: Accumulated depr