When are federal employment taxes typically due?

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Federal employment taxes are typically due on a monthly basis. This includes taxes that employers are required to pay on behalf of their employees, such as Social Security and Medicare taxes, as well as federal income tax withholding. The Internal Revenue Service (IRS) requires that these taxes be deposited based on the employer's tax liability, which is often calculated on a monthly basis or quarterly for smaller businesses.

It is important to understand the timing of these payments to avoid penalties and ensure compliance with federal tax regulations. While some taxes or filings may be required annually or on a different schedule depending on the business size and tax obligations, the monthly deposit schedule is specifically for employment taxes related to payroll.

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