Chickadee Company uses Rodgers Payroll Express to process all payroll for the company. The processing includes preparing paychecks and direct deposits, filing all payroll tax returns, and remitting the payroll tax deposits. Rodgers Payroll Express is experiencing cash flow problems and did not deposit the payroll tax deposits on behalf of Chickadee. Who is assessed the harsh penalties for failure to make timely deposits of withheld taxes?
Chickadee Company uses Rodgers Payroll Express to process all payroll for the company. The processing includes preparing paychecks and direct deposits, filing all payroll tax returns, and remitting the payroll tax deposits. Rodgers Payroll Express is experiencing cash flow problems and did not deposit the payroll tax deposits on behalf of Chickadee. Who is assessed the harsh penalties for failure to make timely deposits of withheld taxes?
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter8: Employer Taxes, Payments, And Reports
Section: Chapter Questions
Problem 9QY
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Chickadee Company uses Rodgers Payroll Express to process all payroll for the company. The processing includes preparing paychecks and direct deposits, filing all payroll tax returns, and remitting the payroll tax deposits. Rodgers Payroll Express is experiencing cash flow problems and did not deposit the payroll tax deposits on behalf of Chickadee. Who is assessed the harsh penalties for failure to make timely deposits of withheld taxes?
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