All of the following statements regarding FICA taxes are true except:
A. A self-employed person is exempt from FICA taxes.
B. An employer must pay FICA taxes equal to the amount withheld from the employee.
C. FICA taxes are deducted from the employee.
D. Employers must pay withheld FICA taxes to the IRS.
E. The amount of FICA deducted from the employee is credited to a liability account.
Answer: A
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a. stockholders' equity of the foreign subsidiary. b. revenue or expenses of the foreign subsidiary. c. consolidated net income of the parent company and the foreign subsidiary. d. stockholders' equity of the parent company.
The arbitrator's decision is called the ________
A) award B) certification C) order D) verdict
A governmental classification based on gender would be subject to strict scrutiny
a. True b. False Indicate whether the statement is true or false
Which of the following would lack the capacity to become a partner?
a. A trust. b. An adjudicated incompetent. c. A corporation. d. All of these.