The Anderson Company started its business on August 1st. On August 15th, it paid wages...
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The Anderson Company started its business on August st On August th it paid wages for the first time and accumulated a tax liability of $ On August th it incurred an additional tax liability of $ How is the Anderson Company treated as a payroll tax depositor? Question options: Monthly, because its accumulated tax liability is not more than $ on any one day. Monthly, because new companies do not have a look back period. Semiweekly, because its accumulated tax liability is $ for the month. Semiweekly, for this pay period only and then monthly for the remainder of the year.
The Anderson Company started its business on August st On August th it paid wages for the first time and accumulated a tax liability of $ On August th it incurred an additional tax liability of $ How is the Anderson Company treated as a payroll tax depositor?
Question options:
Monthly, because its accumulated tax liability is not more than $ on any one day.
Monthly, because new companies do not have a look back period.
Semiweekly, because its accumulated tax liability is $ for the month.
Semiweekly, for this pay period only and then monthly for the remainder of the year.
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