Which of the following statements is true regarding payroll tax deposits?
- A monthly depositor subject to the one-day rule becomes a semiweekly depositor for the balance of the current calendar year and the following calendar year.
- Monthly depositors with accumulated payroll taxes over $3,000.00 for a month can deposit the taxes due with their quarterly tax return.
- Semiweekly depositors with tax liabilities incurred on a Saturday or Sunday must deposit the liability by the following Wednesd