Mastering Payroll 2020 - Section 6-How Employers Withhold and Deposit Federal Taxes 5. Chic Shop,...

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Accounting

Mastering Payroll 2020 - Section 6-How Employers Withhold and Deposit Federal Taxes

5. Chic Shop, a monthly depositor, discovers a 1.95% shortfall in its deposit of 941 liabilities for October 2020. Determine when the Chic Shop must pay its 941 deposit shortfall to avoid penalties.

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