The four-quarter period ending on June 30 of the previous year and used to determine the payroll taxes deposit schedule is called the period - (False).
The four-quarter period ending on June 30 of the previous year and used to determine the payroll taxes deposit schedule is called the Lookback period.
Monthly and semiweekly deposit plans are available. The frequency of an employer's deposits is based on their obligation to pay employment taxes.The last four quarters that ended on June 30 make up . The lookback period. Employment tax contributions are typically required by the 15th of the month after they are made. For instance, taxes for payments made in January are payable on February 15.
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