Question
All of the following are true of the new Form 7200 EXCEPT that it: May be used when the available credit exceeds the payroll tax
All of the following are true of the new Form 7200 EXCEPT that it:
May be used when the available credit exceeds the payroll tax liability,
Replaces the Form 941 for the quarter in which it is used.
Allows employers to claim a credit prior to filing Form 941.
May be filed via fax.
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Auditing A Practical Approach
Authors: Robyn Moroney, Fiona Campbell, Jane Hamilton, Valerie Warren
4th Canadian Edition
1119709490, 9781119709497
