Which of the following statements is NOT correct?
A) The accountant obtains information about wages subject to payroll taxes from the payroll register.
B) Most commercial banks are authorized to accept the employee's tax deposits for federal income taxes withheld and the employer's and employees' shares of social security taxes.
C) Payroll tax deposits can be made electronically or using a Federal Tax Deposit Coupon,Form 8109.
D) The "lookback period",in regard to payroll taxes,is defined as the previous month.
Correct Answer:
Verified
Q21: Which of the following forms is submitted
Q22: On Form 941,the Employer's Quarterly Federal Tax
Q24: The premium rate on workers' compensation insurance
Q25: To record the deposit of FUTA tax,the
Q27: A copy of the Form W-2 for
Q28: Employees' payments for federal income taxes withheld
Q29: Form 941 is filed
A) monthly.
B) quarterly.
C) annually.
D)
Q30: Which of the following statements is correct?
A)
Q31: All of the following taxes are withheld
Q66: Form 940 must be filed_time(s)a year.
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