Exam (elaborations)
CERTIFIED PAYROLL PROFESSIONAL EXAM (CPP) PART 2
- Course
- Institution
CERTIFIED PAYROLL PROFESSIONAL EXAM (CPP) PART 2
[Show more]
Content preview
CERTIFIED PAYROLL PROFESSIONALEXAM (CPP) PART 2
Topic6-6ans--Definition
Knowledge6of6workers'6compensation6regulations6-6ans--
Knowledge6of6federal6tax6levy6requirements6-6ans--
Knowledge6of6wage6attachment/
garnishment6rules6(e.g.,6Consumer6Credit6Protection6Act6-6Bankruptcy)6-6ans--
Knowledge6of6child6support6withholding6order6regulations6-6ans--
Knowledge6of6medical6support6order6regulations6-6ans--
Knowledge6of6wage6assignments6-6ans--
Knowledge6of6USCIS6requirements6-6ans--
General6requirements6for6naturalization6are6below.6Be6at6least6186years6old6at6the6time6o
f6filing6Form6N-
400,6Application6for6Naturalization.6Be6a6permanent6resident6(have6a6"Green6Card")6for6a
t6least656years.6Show6that6you6have6lived6for6at6least636months6in6the6state6or6USCIS6dist
rict6where6you6apply.
Knowledge6of6USCIS6penalties6-6ans--
Monetary6penalties6for6knowingly6hire6and6continuing6to6employ6violations6range6from6$3
756to6$16,0006per6violation,6with6repeat6offenders6receiving6penalties,6at6the6higher6end.6
Penalties6for6substantive6violations,6which6includes6failing6to6produce6a6Form6I-
9,6range6from6$1106to6$1,1006per6violation
Knowledge6of6totalization6agreements6-6ans--
Totalization6Agreements.6...6A6totalization6agreement6eliminates6double6taxation6that6ma
y6occur6where6earnings6are6subject6to6the6social6security6taxes6of6multiple6jurisdictions.6
A6totalization6agreement6also6provides6benefit6protections6for6workers6dividing6their6care
ers6between6the6U.S.6and6other6countries.
Knowledge6of6third-party6sick6pay6requirements6-6ans--
Third6party6sick6pay6is6an6insurance6disability6benefit6(payment)6that6provides6benefits6to
6employees6in6place6of6lost6wages6due6to6absences6caused6by6an6illness6or6non6work6rel
ated6injury.6These6payments6are6made6to6covered6employees6under6a6plan6that6is6set6up
6for6participating6employers.
, Knowledge6of6the6E-Verify6program6-6ans--
Homeland6security6site6to6check6employment6eligibility6in6the6US
Knowledge6of6tax6treaty6benefits6and6limitations6-6ans--
In6order6to6qualify6for6benefits6under6an6income6tax6treaty,6a6foreign6person6must6satisfy6t
he6limitation6on6benefits("LOB")6article6of6the6treaty.6LOB6provisions6are6aimed6at6elimin
ating6treaty6shopping.6...6It6would6simply6certify6that6it6satisfied6at6least6one6of6the6LOB6pr
ovisions6in6the6relevant6treaty.
Knowledge6of6tax6deposit6methods6(e.g.,6electronic)6-6ans--
EFT,6EFW,6Same6Day6Wire,6Check6or6MO,6Cash
Knowledge6of6tax6deposit6frequency6-6ans--monthly6or6semi6weekly
Knowledge6of6supplemental6wages6-6ans--
bonus,6commissions,6severance.6Tax6rate6is622%
Knowledge6of6Schedule6B6reporting/filing6requirements6-6ans--
Use6Schedule6B6(Form61040)6if6any6of6the6following6applies:You6had6over6$1,5006of6taxa
ble6interest6or6ordinary6dividends.You6received6interest6from6a6seller-
financed6mortgage6and6the6buyer6used6the6property6as6a6personal6residence.You6have6
accrued6interest6from6a6bond.You6are6reporting6original6issue6discount6(OID)6in6an6amou
nt6less6than6the6amount6shown6on6Form61099-
OID.You6are6reducing6your6interest6income6on6a6bond6by6the6amount6of6amortizable6bon
d6premium.You6are6claiming6the6exclusion6of6interest6from6series6EE6or6I6U.S.6savings6b
onds6issued6after61989.
Knowledge6of6Resident6and6nonresident6alien6taxation6-6ans--
If6you6are6an6alien6(not6a6U.S.6citizen),6you6are6considered6a6nonresident6alien6unless6yo
u6meet6one6of6two6tests.6You6are6a6resident6alien6of6the6United6States6for6tax6purposes6if
6you6meet6either6the6green6card6test6or6the6substantial6presence6test6for6the6calendar6ye
ar6(January61-
December631).Certain6rules6exist6for6determining6the6Residency6Starting6and6Ending6Da
tes6for6aliens.In6some6cases6aliens6are6allowed6to6make6elections6which6override6the6gre
en6card6test6and6the6substantial6presence6test,6as6follows:Nonresident6Spouse6Treated6
as6a6ResidentCloser6Connection6To6a6Foreign6CountryTax6TreatiesYou6can6be6both6a6n
onresident6alien6and6a6resident6alien6during6the6same6tax6year.6This6usually6occurs6in6th
e6year6you6arrive6or6depart6from6the6United6States.6If6so,6you6may6elect6to6be6treated6as6
a6Dual6Status6Alien6for6this6taxable6year6and6a6Resident6Alien6for6the6next6taxable6year6if
6you6meet6certain6tests.6(Refer6to6section6"Dual-Status6Aliens"6-
6"First6Year6Choice"6in6Publication6519,6U.S.6Tax6Guide6for6Aliens.)A6resident6alien6who6i
s6required6to6establish6his/
her6U.S.6residency6for6the6purpose6of6claiming6a6tax6treaty6benefit6with6a6foreign6country6
should6refer6to6Certification6of6U.S.6Residency6for6Tax6Treaty6Purposes.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller AGRADEPROMASTER. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
75759 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now