Semimonthly Payroll Taxes

1. Biweekly Payroll: Your employees are paid every other Friday.
2. Semiweekly Deposit Schedule:
   • If your payroll falls on Wednesday, Thursday, or Friday, you must deposit the employment taxes by the following Wednesday.
   • If your payroll falls on Saturday, Sunday, Monday, or Tuesday, you must deposit the taxes by the following Friday¹².

To summarize:

• Payroll on Wednesday, Thursday, or Friday ➡️ Deposit by the following Wednesday.
• Payroll on Saturday, Sunday, Monday, or Tuesday ➡️ Deposit by the following Friday.

Remember to use the correct deposit schedule to avoid any penalties. If you have any further questions, feel free to ask!