Question

In: Accounting

How often do employers report income taxes, social security taxes, and Medicare taxes collected from employee's...

How often do employers report income taxes, social security taxes, and Medicare taxes collected from employee's wages?

A)Quarterly.

B)Every six months.

C)Annually.

D)Monthly.

Solutions

Expert Solution

Answer is option A - Quarterly

Employers are supposed to report income taxes, social security taxes and medicare taxes collected from employee's wages quarterly. Hence, option A is correct.


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