The Cape Coral startup is setting up unemployment tax account for payroll. Which tax/agency setup record should be opened?
Correct Answer
D) reemployment tax setup
A contracting business should establish required tax accounts before taxable transactions or payroll begin.
Why This Is the Correct Answer
A contracting business should establish required tax accounts before taxable transactions or payroll begin.
Why the Other Options Are Wrong
Option A: daily report log bonding support file
daily report log bonding support file puts the item in the wrong financial bucket, timing, base, or comparison for tax registration.
Option B: owner draw form entity compliance record
owner draw form entity compliance record puts the item in the wrong financial bucket, timing, base, or comparison for tax registration.
Option C: change-order index risk setup folder
change-order index risk setup folder puts the item in the wrong financial bucket, timing, base, or comparison for tax registration.
Memory Technique
Tax Registration ledger for Bookkeeper Opens: put contracting in the right drawer.
Reference Hint
Open-book path: tab Contractor's Manual, 2025 to Florida Department of Revenue business tax registration; payroll and sales/use tax setup; verify the startup duty, registration, or financial setup before answering.
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