Under the Federal Insurance Contributions Act, the Medicare portion of the tax is only paid by the employer.

Which of the following is not part of the social security program?

At the time that the entry is made to record the employer’s payroll taxes, the SUTA tax is recorded at the net amount (0.6%).

The Social Security Act requires workers to obtain a new account number each time they change jobs.

Under the Uniform Unclaimed Property Act, any unclaimed paychecks must be turned over to the state after the next payday.

At the time that the entry is made to record the employer’s payroll taxes, the SUTA tax is recorded at the net amount (0.6%).

Unlike Form 941, there is no penalty for the late filing of Form 940.

Under the FLSA enterprise coverage test, hospitals and nursing homes are only covered if their annual charges for services are at least $500,000.

Which of the following payments are taxable payments for federal unemployment tax?

Under the FLSA, regular rate of pay does not include: