The IRS considers Sylvia to be a highly compensated employee for Beautiful Pictures, Inc., which means that she met which one of the following criteria (assume that the previous year was 2015)?
A) either a current annual salary of more than 170,000; and, in the previous year, a 5 owner or a 1 owner of the employer's business whose annual pay was greater than 150,000
B) either an annual salary of more than 170,000; or, in the previous year, a 5 owner or a 1 owner of the employer's business whose annual pay was greater than 150,000
C) an annual salary exceeding 50,000
D) an annual salary less than 170,000
Question 2
For which reason does the IRS use the term key employees?
A) non-discrimination rules in retirement benefits
B) non-discrimination rules in health insurance benefits
C) top-heavy provisions in employer-sponsored qualified retirement plans
D) top-heavy provisions in employer-sponsored health insurance plans
Malignant melanoma. This photograph demonstrates the highly characteristic color of this tumor.
Amazing NASA Pictures Collection
Amazing NASA Pictures Collection
Amazing NASA Pictures Collection
In 1879 an army officer founded the Carlisle School in Pennsylvania to “civilize” young Indians. The
Manager's Responsibilities to Employee and Physician-Employer