Kohlmeier Industries had $87,950 of annual payroll taxes during the lookback period.The firm pays its employees biweekly on Wednesdays.Assuming that no payday has a tax liability in excess of $100,000,when are the payroll tax deposits due?
A) By the end of the current month
B) Within two weeks of the pay date
C) By Friday of the current week
D) By Wednesday of the following week
Correct Answer:
Verified
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