FPC KeY Compulsory Exam Questions And 100% CORRECT Answers

SS8 Determination of worker status for purposes of federal employment taxes and income tax withholding; requests clarification on worker status Acceptable work time rounding practices Can round to the nearest quarter hour or 15 minutes; 1 to 7 minutes can be rounded down, 8 to 14 minutes must be rounded up Exempt employee classification Not entitled to the benefits and protections of the FLSA. May not have to be paid minimum-wage White collar exemption classifications Executive, administrative, and professional 14 and 15-year-olds child labor restrictions Nonschool days less than eight hours; during the school week no more than 18 hours; no more than 40 hours when school is out FUTA Rate Rate is set at 6% of the first 7000$ and employer in a year