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Under the continental system of recording time, 9:00 a.m. is recorded as 900 while 9:00 p.m. is recorded as 2100.

The taxes imposed under the Social Security Act consist of:

The FICA tax rates and taxable wage bases are exactly the same for the employee and employer when the employee makes $200,000 or less.

The FICA tax rates and taxable wage bases are exactly the same for the employee and employer when the employee makes $200,000 or less.

A traveling salesperson who solicits and transmits to the principal orders for merchandise for resale is considered an employee under FUTA.

There is no limit to the amount that an employer can contribute in an employee’s SIMPLE retirement account.

There is no limit to the amount that an employer can contribute in an employee’s SIMPLE retirement account.

The Social Security Act does not require self-employed persons to have an account number.

The Social Security Act does not require self-employed persons to have an account number.

The highest paid executives of a firm are excluded from coverage under the Federal Insurance Contributions Act (FICA).