OCPS Regulatory Compliance & Legal Framework 3

Question 1

An employer in a state with no state income tax still has which federal withholding obligations?

Accepted Answer

Federal income tax, Social Security, and Medicare withholding only

Answer

Regardless of state tax laws, employers must withhold federal income tax, Social Security (6.2%), and Medicare (1.45%) from all covered employee wages.

Question 2

Under the Worker Adjustment and Retraining Notification (WARN) Act, covered employers must provide how many days' advance notice before a mass layoff?

Accepted Answer

60 days

Answer

The WARN Act requires covered employers (100+ employees) to provide at least 60 calendar days' advance written notice of plant closings and mass layoffs.

Question 3

Which section of the Internal Revenue Code establishes the employer's requirement to withhold income taxes from employee wages?

Accepted Answer

IRC Section 3402

Answer

IRC Section 3402 specifically requires employers to withhold income tax from wages paid to employees.

Question 4

The Lilly Ledbetter Fair Pay Act of 2009 primarily affects payroll by:

Accepted Answer

Resetting the statute of limitations for pay discrimination with each discriminatory paycheck

Answer

The Lilly Ledbetter Fair Pay Act clarifies that each discriminatory paycheck resets the 180-day filing window for pay discrimination claims under Title VII.

Question 5

When must an employer deposit federal payroll taxes under the semi-weekly deposit schedule?

Accepted Answer

By Wednesday for payroll paid Saturday through Tuesday; by Friday for payroll paid Wednesday through Friday

Answer

Semi-weekly depositors must deposit by Wednesday for wages paid on Saturday–Tuesday and by Friday for wages paid on Wednesday–Friday.

(OCPS) Online Certified Payroll Systems Certified Professional Practice Test

(OCPS) Online Certified Payroll Systems Certified Professional Practice Test

OCPS Regulatory Compliance & Legal Framework 3