Withholding Taxes
Employee's Withholding Certificate
What is a Form W-4?
Full FUTA rate and normal credit against FUTA tax
What is 6% and 90%?
Form SS-4 is filed with this agency
What is the IRS?
If all multiple types of withholding orders are received at the same time, these two take priority
What are Child Support Orders and Federal Tax Levies?
If the Department of Labor requests a Form I-9 for inspection, this is how long the employer has to produce it
What is three days?
6.2% and 1.45% of employee Wages
What are the Social Security and Medicare tax rates?
FUTA tax is based on the first how much of an employees wages
What is $7,000?
Schedule B of the Form 941 reports this
What is the employer's payroll tax liability?
CCPA stands for this
What is the Consumer Credit Protection Act?
This federal agency enforces the HIPPA restriction on the release of personal health information
What is the Department of Health and Human Services?
Reported Tips, Overtime Pay, Bonuses, Back Pay and Commissions
What are Supplemental Wage Payments?
Reserve Ratio, Benefit Ratio, Benefit-Wage Ratio and Payroll Stabilization
What are the four methods used to determine and employer's Experience Rating?
Lookback period for determining and employer's Form 941 payroll tax depositor status
What is the 12-month period ending June 30 of the previous year?
The form an employer receives from the IRS to levy and employees' salary
What is Form 668-W?
This is the general retention period under the IRC for copies of employer tax returns and information returns
What is four years?
Limit for Social Security Wages for 2023
What is $160,200?
Prime factor that employers can use in determining to which state employee should be allocated for UI purposes
What is the place where the work is localized?
Businesses that file more than this many 2022 Forms 1099-MISC are required to file them electronically
What is 250?
Under the CCPA, this is the maximum amount that can be withheld from an employee's wages if there are arrears and not supporting another family
What is 65% of disposable pay?
Under the Walsh-Healy Public Contracts Act, this is how long an employer must keep a separate log of occupational injuries and illnesses
What is five years?
Form to be completed to obtain a Social Security Number
What is From SS-5?
Multi-State Employer and Credit Reduction Information is reported here
What is Schedule A of Form 940?
Allocated Tips should be reported in this box of the W-2
What is Box 8?
When an employer receives Form 668-W from the IRS, this is when they must begin to withhold and remit
What is the first payment of wages after receipts of Form 668-W?
This is the law that requires Form I-9 to be retained
What is the Immigration Reform and Control Act of 1986?