The look-back period is used to determine whether:
A) a business should make its Form 941 tax deposits on a monthly or semiweekly basis.
B) an employer will use Form 940.
C) an employer has sent the W-2s to their employees on timely basis.
D) an employer must pay back taxes.

Question

Quizplus · Accepted Answer

The look-back period is used to determine how often a business should make its Form 941 tax deposits, either on a monthly or semiweekly basis, based on the total taxes reported in the look-back period.

The Look-Back Period Is Used to Determine Whether