Employers who have $100,000 or more due in federal income tax withholding and Social Security and Medicare

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Employers who have $100,000 or more due in federal income tax withholding and Social Security and Medicare taxes on any day during the current quarter should journalize the debt and pay at the end of the

a. next banking day.

b. month following the end of the quarter.

c. year.

d. quarter.

Related Book For answer-question

Financial Algebra advanced algebra with financial applications

ISBN: 978-0538449670

1st edition

Authors: Robert K. Gerver

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Posted Date: Sep 12, 2020 03:00 AM

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Employers who have $100,000 or more due in federal income tax withholding and Social Security and Medicare

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Expert Answer:

The next banking day FICA is not deductible from federal ... View the full answer

Financial Algebra advanced algebra with financial applications

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