Employers are required to compute and report payroll taxes on a calendar-year basis, even if a different fiscal year is used for financial reporting and income tax purposes.

Name: Employers are required to compute and report payroll taxes on a calendar-year basis, even if a different fiscal year is used for financial reporting and income tax purposes.
Brand: Quizplus
Rating: 4.9 (32 reviews)

Question

Quizplus · Accepted Answer

Employers must report payroll taxes on a calendar-year basis, regardless of their fiscal year.

Employers Are Required to Compute and Report Payroll Taxes on a Calendar-Year