If on any day during the month, an employer accumulates $100,000 or more in tax liability, the taxes must be deposited:

A. By either the following Wednesday or Friday if the employer is a semiweekly schedule depositor.
B. Before the close of the business day in which the liability occurs.
C. By the last day of the week if the employer is a monthly depositor.
D. By the next banking day.


Answer: D

Business

You might also like to view...

Because the retail trade tends to think of profitability in terms of product categories, some companies are switching to a category management organizational model

Indicate whether the statement is true or false

Business

Which of the following is a commercial source of product information?

A) acquaintances B) family and friends C) dealer Web sites D) consumer rating organizations E) Internet searches

Business

When a company decides to enter a line of business that is farther away from its final customer, what type of growth strategy is this called?

a. backward integration b. forward integration c. related diversification d. unrelated diversification

Business

Early majority buyers:

a. are very price sensitive and need highly reliable solutions b. want proven applications, reliable service, and results c. seek substantial performance improvements relative to current solutions d. tend to be skeptical about the value of innovations e. are quite risk averse

Business