If on Any Day During the Month,an Employer Accumulates $100,000

If,on any day during the month,an employer who is a monthly schedule depositor accumulates a $100,000 tax liability,which of the following statements is true? A)The deposit must be made by the last day of the month if the employer is a monthly schedule depositor. B)The employer remits the tax by the next banking day and is now considered a semiweekly depositor for the remainder of the current year and for the entire following year. C)The employer remits the tax by the next banking day and becomes a semiweekly depositor for the remainder of the calendar year,then goes back to being a monthly scheduled depositor in the following year. D)The deposit is made either the following Wednesday or Friday regardless if the employer is a semiweekly schedule depositor.

What is the maximum state unemployment credit allowed for FUTA purposes? A)90% of the maximum rate allowed for state unemployment. B)6)0% if all state unemployment taxes have been paid. C)5)4% if all state unemployment taxes have been paid. D)None.