Hodgdon Industries,a semi-weekly schedule depositor,pays its employees semimonthly on the 1st and 15th of the month.Per company policy,employees are paid their annual bonuses on December 15,the final payday of the year.On Monday,December 15,the bonuses were paid and the payroll tax liability was $103,850.When are the payroll taxes due for the December 15 pay date?
A) Friday, December 19
B) Monday, December 22
C) Wednesday, December 17
D) Tuesday, December 16
Correct Answer:
Verified
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