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

Question

Quizplus · Accepted Answer

Employers with $100,000 or more due in federal income tax withholding and Social Security and Medicare taxes on any day during the current quarter are required to deposit the taxes by the next banking day.

Employers Who Have $100,000 or More Due in Federal Income