Employer contributions for retirement plan payments for employees are defined as wages and are thus subject to FICA taxes.

If on any day during a deposit period an employer has accumulated $100,000 or more in undeposited employment taxes, the taxes must be deposited on the next banking day.

A sole proprietor with two employees is exempt from the requirements of the federal income tax withholding law.

Carry each overtime rate to 3 decimal places and then round off to 2 decimal places. Charles Rollins earns $2,400 each month and works 35 hours each week. His overtime rate is $__________.

Carmen Gaetano worked 46 hours during this payweek. He is paid time-and-a-half for hours over 40 and his pay rate is $17.90/hour. What was his overtime premium pay for this workweek?

The employer keeps track of each employee’s accumulated wages in the employee’s earnings record.

An enterprise is covered under the FLSA if there are at least two employees engaged in interstate commerce and if the enterprise has gross annual sales volume of at least $100,000.

Which of the following is not an expense of the employer?

Employees who regularly receive cash tips of $20 dollars or more in a calendar month are subject to federal income tax withholding on the tips

The FLSA provides for the payment of “double time” for any hours worked on holidays.