BPA Payroll Accounting Practice Test

Payroll taxes are typically remitted to the government on a schedule that is determined by the employer's tax liability and the frequency of their payroll. Most employers follow a monthly or biweekly remittance schedule, which aligns with the typical payroll cycles. This ensures that taxes withheld from employee wages, including federal income tax and FICA (Social Security and Medicare) taxes, are paid in a timely manner to the government.

The frequency of remittance helps maintain compliance with tax regulations and prevents larger liabilities from accumulating over time. Employers may also be subject to specific IRS rules that dictate when they must deposit these taxes based on the amount they withhold, but in general, the common practice is to remit payroll taxes more frequently rather than less frequently.

Other options don't align with standard practices: quarterly remittances, while they can occur for some situations (like certain small businesses), are not the norm for most employers. Annual remittance would not suffice for regular payroll and could lead to compliance issues. Remitting taxes only at the time of employee termination does not reflect responsible payroll management, as taxes must be continuously collected and remitted based on ongoing earnings, not just at the end of employment.