Chang Company is trying to determine how often it needs to deposit payroll taxes for calendar year
Question:
Chang Company is trying to determine how often it needs to deposit payroll taxes for calendar year 2021The company made the following quarterly payroll tax deposits during the last two years:
a. What is the amount from the lookback period?
b. In 2021 how often must Chang Company make payroll deposits?
Transcribed Image Text:
Quarter beginning January 1, 2019. Quarter beginning April 1, 2019.. Quarter beginning July 1, 2019.. Quarter beginning October 1.2019. Quarter beginning January 1. 2020. Quarter beginning April 1.2020. wwwwwwwww www. Quarter beginning July 1. 2020.. Quarter beginning October 1. 2020. www. $ 10,000 10,000 11,000 12,000 12,000 12,000 11.000 12,000
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Related Book For
Fundamentals Of Taxation 2022
ISBN: 9781264209408
15th
Authors: Ana Cruz, Michael Deschamps, Frederick Niswander
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