How often must employers report payroll taxes to the IRS? What form must the employer file?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (6 reviews)
The employers must provide quarterly reports to the IRS on Form 941 The report is du...View the full answer
Answered By
Omar ELmoursi
I'm Omar, I have Bachelor degree in Business and Finance, My unique approach is to help students with questions and assignments, I can teach Business, Math, Accounting, Managerial Accounting, Economy, Human resources management, organizational behavior, project management, I have experience dealing with different types of students and teach them how to deal with different types of exercises.
5.00+
4+ Reviews
10+ Question Solved
Related Book For
Fundamentals Of Taxation 2015
ISBN: 9781259293092
8th Edition
Authors: Ana Cruz, Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler, Jinhee Trone
Question Posted:
Students also viewed these Accounting questions
-
How often must an employer file Form 941?
-
Multiple Choice Questions 1. An employer withholds federal taxes from employees paychecks and periodically makes payments of the withheld taxes to the IRS. What happens if such an employer files...
-
Lean Corporation was incorporated in 1981 by Bruce Smith, who has served as an officer and member of the Board of Directors. Carl Jones has served as the secretary-treasurer of the company as a...
-
Q1. A 10-kg uniform rod ABC is connected to two collars of negligible mass which slide on horizontal, frictionless rods located in the same vertical plane. If a force P of magnitude 50 N is applied...
-
What do you consider the most pressing ethical issues facing advertisers? Explain.
-
P(x > 68.4) The random variable x is normally distributed with mean = 74 and standard deviation = 8. Find the indicated probability.
-
Discuss the basic principle on which a strain gage works.
-
Erica and Bob participate in a friendly Hackathon that allows each to solve one question a day out of the three offered. There will be one easy, one medium and one hard question, with points awarded...
-
Haleakala is the volcano that makes up most of the island of Maui. In addition to being broad, it is also tall. If its base on the ocean floor is 19,680 feet below sea level, and its top is 10,023...
-
The data below indicate the state gas tax in cents per gallon and the fuel use per registered vehicle (in gallons). Is there a significant relationship between these two variables? Perform the...
-
What type of compensation is subject to employer withholding?
-
In addition to federal tax withholding, what other taxes are employers required to withhold from an employee's paycheck? How are the calculations made?
-
The forensic audit has identified three accounting/payroll personnel with disbursements in the payroll system for which clients may have been inappropriately billed: Christine Alexander, Mary Perez,...
-
Amy Staniszewski, a digital marketing specialist working in a business to business environment, shared details about the metrics she uses to measure their B2B marketing campaigns. She explained that...
-
Which of the following classes are immutable? a. PrintStream b. Date c. Integer
-
Most mail-order operations make very little use of market research as a tool to help them, preferring to rely on testing instead. If you were addressing them as a market researcher, what benefits of...
-
Consider the following class: public class Sequence { private int[] values; public Sequence(int size) { values = new int[size]; } public void set(int i, int n) { values[i] = n; } public int get(int...
-
On 9 April 2017, Dr David Dao was flying from Chicago to Louisville, Kentucky. This is a short flight lasting under one and a half hours. All passengers were on the airplane, waiting for the doors to...
-
Northwest Paperboard Company, a paper and allied products manufacturer, was seeking to gain a foothold in Canada. Toward that end, the company bought 40% of the outstanding common shares of Vancouver...
-
Identify the source of funds within Micro Credit? How does this differ from traditional sources of financing? What internal and external governance mechanisms are in place in Micro Credit?
-
At the end of the current year, Mapie Company has a projected benefit obligation of $439,000 for its pension plan, and the fair value of its pension plan assets is $450,000. Maple has a debit balance...
-
At the end of the current year, Chelsey Company has a projected benefit obligation of $600,000 for its pension plan, and the lair value of its pension plan assets is $580,000. Chelsey has a credit...
-
At the beginning of the current year. Willow Company adopts a pension plan and awards retroactive benefits to its employees. Willow's actuary computes these prior service casts to be $280,000....
-
What are the facts of this case? Business Financing Solutions, Inc. ("BFS") is a small lending institution that specializes in providing loans to small businesses. BFS's president, Rachel Chen, has...
-
Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost Information relating to the products follow: Selling price per unit Variable expenses per unit...
-
This is a slip and fall case. Plaintiff was injured when she slipped and fell in the defendant's fast food restaurant. Plaintiff claims the floor was wet and slippery when she fell. Defendant denies...
Study smarter with the SolutionInn App