Payments
U.S. financial network used for electronic payments and money transfers
What is 'ACH'?
The report you file when you have paid an independent contractor more than $600 in a fiscal year.
One of the following forms does not impact GTN calculations:
a. Federal W4
b. Form I-9
c. Nonresident Certificate
What is 'Form I-9'?
The name of Zeal's 2 direct competitors are...
What is 'Check' and 'Gusto'?
An employee marks themselves as 'X' when they wish to not pay Federal Income Tax
What is 'Exempt'?
When a payment is returned by the bank for one of many reasons, the most common of which include:
What is 'ACH Return'?
What is 'Agriculture'?
Name 1 state that allows the Federal Withholding Certificate to be used instead of a State Withholding Certificate
What is: 'Colorado, Michigan, North Dakota, New Mexico, Utah'
Name 1 public company that provides payroll consulting services for platforms that wish to build a payroll product
What is 'Vertex' or 'Asure Software'?
The rate that employees get taxed for SSN Tax and Medicare tax is...
What is '6.2%' and '1.45%'?
Payments made to tax agencies are send via an ACH structure known as...
Employers that file a Schedule H are in the following industry
What is 'Household Employment'?
FUTA taxes are applied to the first '$X' of an employee's wages
What is '7,000'?
Name 3 other embedded fintech startups
What is:
Modern Treasury
Synapse
Unit
etc...
When two tax jurisdictions have a tax agreement in place, it is known as a
What is a 'nexus' or 'reciprocal agreement'?
The name of the compliance structure that allows platforms to move money without money transmitter licenses.
What is a Form W2-C'?
Wage garnishments are known as
a. Pre-tax deductions
b. Post-tax deductions
What is 'Post-tax deductions'
Two Point-of-sale platforms launched payroll products that made embedded payroll famous. Those platforms are...
What is 'Square' and 'Toast'?
Name a state that does not have local income payroll taxes
What is 'CT, GA, HI, ID, IL, IA, KS, LA, ME, MD, MA, MI, MN, MS, MT, NE, NC, ND,SC, SD, TX, UT, VA, WV, WI'
The name of the agency that manages the application process for Money Transmitter Licenses
What is 'NMLS (Nationwide Multistate Licensing System)'?
The name of the CA assembly bill that extends employee classification status to some gig workers.
What is 'AB5'?
A key difference between IRS Form 8655 and IRS Form 2848 is....
What is ADP's market cap:
a. 124.4 B
b. 98.6 B
c. 84.20 B
What is '84.20B'?
List the 9 states that don't have state income tax
What is 'Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington and Wyoming'?