FUNDAMENTAL PAYROLL
CERTIFICATION (FPC REVISION)
QUESTIONS AND ANSWERS
Overnight travel is time worked: - ANS -When on scheduled and non-scheduled work days, if the
travel times coincide with the employee's regular working hours.
What does an exempt Form W-4 mean? - ANS -When an employee submits an exempt Form W-
4,
the employee will have no income tax withheld
for the remainder of the year. Exempt Forms W-4
expire on February 15th of the year after it is
submitted.
When is an amended W-4 implemented? - ANS -When an employee submits an amended Form
W-4, it must be implemented with the first payroll no
later than 30 days after the form is submitted.
When must a form W-4 be completed? - ANS -New employees complete before their first
payroll is calculated. Others must complete a new form W-4 when their tax liabilities increase.
FMLA leave guarantees: - ANS -12 weeks of unpaid leave in a 12 month period to an eligible
employee
, What is waiting to be engaged? - ANS -is not time worked because the employee is free to
pursue personal business.
What is engaged to be waiting? - ANS -is compensable time because the employer requires the
employee to wait to begin work.
When are meal periods time worked? - ANS -A meal period that is not at least 30 minutes of
uninterrupted time is time worked under the FLSA.
Excluded from regular rate of pay: - ANS -Gifts, reimbursed expenses, paid hours not worked,
stock options, discretionary bonuses, and overtime premiums in excess of the FLSA
requirements
Exempt employees are determined by: - ANS -Primary job duties & weekly salary
Types of Exempt Employees - ANS -Administrative, executive, professional, and outside sales.
What is form w-9? - ANS -request for taxpayer identification number and certification, is used by
a payee to provide their taxpayer identification number (TIN), which can be a SSN or EIN.
IRS penalties for intentional misclassification of an employee - ANS -The employer is liable for
100% of FIT, social security and Medicare (both employee and employer share) when a worker
is intentionally misclassified as an independent contractor.
IRS penalties for unintentional misclassification of an employee - ANS -The IRS may assess
penalties of 1.5% of wages and 20% of the employee's share of social security and Medicare
taxes when a worker is unintentionally misclassified as an independent contractor.
CERTIFICATION (FPC REVISION)
QUESTIONS AND ANSWERS
Overnight travel is time worked: - ANS -When on scheduled and non-scheduled work days, if the
travel times coincide with the employee's regular working hours.
What does an exempt Form W-4 mean? - ANS -When an employee submits an exempt Form W-
4,
the employee will have no income tax withheld
for the remainder of the year. Exempt Forms W-4
expire on February 15th of the year after it is
submitted.
When is an amended W-4 implemented? - ANS -When an employee submits an amended Form
W-4, it must be implemented with the first payroll no
later than 30 days after the form is submitted.
When must a form W-4 be completed? - ANS -New employees complete before their first
payroll is calculated. Others must complete a new form W-4 when their tax liabilities increase.
FMLA leave guarantees: - ANS -12 weeks of unpaid leave in a 12 month period to an eligible
employee
, What is waiting to be engaged? - ANS -is not time worked because the employee is free to
pursue personal business.
What is engaged to be waiting? - ANS -is compensable time because the employer requires the
employee to wait to begin work.
When are meal periods time worked? - ANS -A meal period that is not at least 30 minutes of
uninterrupted time is time worked under the FLSA.
Excluded from regular rate of pay: - ANS -Gifts, reimbursed expenses, paid hours not worked,
stock options, discretionary bonuses, and overtime premiums in excess of the FLSA
requirements
Exempt employees are determined by: - ANS -Primary job duties & weekly salary
Types of Exempt Employees - ANS -Administrative, executive, professional, and outside sales.
What is form w-9? - ANS -request for taxpayer identification number and certification, is used by
a payee to provide their taxpayer identification number (TIN), which can be a SSN or EIN.
IRS penalties for intentional misclassification of an employee - ANS -The employer is liable for
100% of FIT, social security and Medicare (both employee and employer share) when a worker
is intentionally misclassified as an independent contractor.
IRS penalties for unintentional misclassification of an employee - ANS -The IRS may assess
penalties of 1.5% of wages and 20% of the employee's share of social security and Medicare
taxes when a worker is unintentionally misclassified as an independent contractor.
