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susan1sars
Oct 4, 2017, 04:14 PM
If you pay wages weekly and you are required to deposit taxes semi-weekly, do you record the liability weekly on Form 941B? If the last weekly payroll won't be deposited until 2 weeks later, you have the liability so do you deposit tax for 1 week or will the liability on Quarterly Form 941 and amount of taxes paid be unequal.
I would appreciate your help.
Thank you

AtlantaTaxExpert
Oct 4, 2017, 08:02 PM
It has been over a decade since I have prepared Form 941 for withheld taxes, so I will abstain from answering in favor of someone with more recent preparation experience.