The statue of limitation for correcting a form 941 is:
A. due date of 941 form for quarter in which error was discovered
B. april 15 following the year error was discovered
C. whenever discovered, up to 7 years
D. april 15 3 years after the close of tax year error was made
Salaries earned but not yet paid in the current month must be recorded as:
A. debit to salary payable
B. credit to salary expense
C. debit to cash
D. debit to salary expense
What does an employer use to calculate the amount to withhold for an IRS tax levy?
A. disposable pay
B. net pay
C. take home pay
D. taxable wages
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