Phoenix Booker is a payroll clerk at Elemental Exports. The company receives a written notice from the

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Phoenix Booker is a payroll clerk at Elemental Exports. The company receives a written notice from the IRS that the company is a monthly schedule depositor. How is the deposit schedule determined?
a. The age of the company.
b. The owner’s choice or remittance frequency.
c. The payroll tax liability during the lookback period.
d. The total SUTA tax for the previous year.

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Payroll Accounting 2023

ISBN: 9781264415618

9th Edition

Authors: Jeanette M. Landin, Paulette Schirmer

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