How often will you deposit federal employment taxes for the practice?

Question

Quizplus · Accepted Answer

The frequency of federal employment tax deposits is determined by the federal tax deposit schedule, which takes into account the amount of taxes owed and the size of the practice. The IRS will notify the practice of its deposit schedule after the initial tax return is filed. The schedule may require deposits to be made daily, semi-weekly, monthly, or quarterly, but the most common schedule is semi-weekly. Therefore, the best choice is E, since it reflects the variability of deposit schedules for federal employment taxes.

How Often Will You Deposit Federal Employment Taxes for the Practice