VA Regulations
What is the fine for violating regulations of the State Board of Health relating to water wells?
A find of not more than $1,000 or suspension/revocation of license. (pg E-6)
What is the amount of interest charged per month for filing employee quarterly payroll or tax reports late?
1.5% per month until payment is received.
(pg h-10)
Installation of wiring and equipment that operates at less than ____ volts is exempt from a building permit.
50 volts. (pg 10)
According to VESP when is permanent vegetation considered "established"?
When a ground cover is achieved that is uniform and mature enough to survive and will inhibit erosion. (pg K-11)
Figure the Virginia Corporate Tax for a corporation that had a federal taxable income of $65,000.
$65,000 x 0.06 = $3,900
Virginia Corporate Tax Rate is 6% (pg 15-7)
How many years of experience must an individual have to qualify for a Class C license?
A minimum of 2 years in the classification or specialty in which you are applying. (pg f-11)
If your estimated total withholding is $3,000 or more per quarter, how often are you required to file VA state taxes?
Semi-weekly (pg n-3)
A building official is permitted to revoke a permit if work is not commenced within how many months after the issuance of the permit?
6 months (pg 14)
What are considered "working days" in regards to the Underground Utility Damage Prevention Act?
All time periods excluding Saturdays, Sundays, and legal state and national holidays.
(pg J-3)
If your Total Costs are $40,000 and you want to add 10% of your Total Costs as a markup, how much will you need to add to the bid price?
$40,000 x .10 = $4,000 (pg 7-6)
What is the penalty for undertaking work without a valid Virginia contractor's license or certificate?
A fine not to exceed $500 per day that the person is in violation, in addition to the authorized penalties for the commission of a class 1 misdemeanor. (pg E-11)
What are the 3 filing options the Department of Taxation offers for submitting returns and payments?
eForms, Business iFile and Web Upload (pg N-2)
True or False: Employers can require an employee to become a member of a labor union.
False (pg I-1)
According to VESP, what is the timeframe in which temporary erosion and sediment control measures should be removed?
Within 30 days after the final site stabilization.
(pg K-13)
How much will the Bid Price be for a project that has estimated costs of $39,000, when a 20% markup has been added?
$39,000 x 0.2 = $7,800
$39,000 + $7,800 = $46,800 (pg 7-6)
Using the legend found in the book, write out the meaning of the Virginia Tax Formula
W divided by P=W/H
Annualized tax to be withheld divided by the number of pay periods per year equals tax to be withheld for pay period. (pg N-17)
You pay state unemployment tax on what dollar amount of wages earned for each employee during a calendar year?
The first $8,000. (pg H-4)
True or False: All private employers are exempt from the ADA (Americans with Disabilities Act).
False (pg M-2)
According to the Underground Utility Damage Prevention Act, what are the requirements that must be included on every locate request and designer notice served by a person on a notification center?
The name of the person serving the notice, the specific location of the proposed work, name/address/phone number of the excavator/demolisher, the excavator/demolisher's field phone number, the type and extent of the work and the name of the person for whom the work is being done (pg J-6)
If an invoice of $8,500 is 2/10 net 30 and was dated March 1 and paid on March 5, what is the correct payment amount?
$8,500 x .02 = $170
$8,500 - $170 = $8,330 (pg 14-12)
What is the fee for changing a Designated Employee?
$110 (pg F-22)
The amount for which a subcontractor may perfect a lien should not exceed ______.
The amount in which the owner is indebted to the general contractor at the time the notice is given. (pg G-6)
According to OSHA all portable containers used to dispense drinking water must be equipped with what?
A tap. (pg L-1)
If a regulant has been involved in improper or dishonest conduct and has filed bankruptcy, who does the claimant file a claim with to regain losses?
The proper bankruptcy court. (pg E-14)
*Note: if the distribution order fails to satisfy the claim, the claimant may then file a claim with the board.
How much Use Tax will be paid on equipment purchased outside of Virginia for $10,000?
$10,000 x .05 = $500
Virginia Use Tax is 5% (pg 15-8)