true or false: most companies are required to file and pay federal tax deposits electronically; however, some companies may use a tax deposit form and pay by check.

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20-12-2022
Business

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true or false: most companies are required to file and pay federal tax deposits electronically; however, some companies may use a tax deposit form and pay by check.

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akankshasharma92 akankshasharma92 · Answer 1 · 2022-12-23T01:10:21-05:00

true . most companies are required to file and pay federal tax deposits electronically; however, some companies may use a tax deposit form and pay by check.

Tax compliance refers to policy actions and individual behavior aimed at ensuring that taxpayers are paying the right amount of tax at the right time and securing the correct tax allowances and tax reliefs. A tax is a mandatory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or national)[2]. [3] Around 3000–2800 BC, the first recorded taxes was enacted in ancient Egypt. [4] Non-compliance with the law includes failing to pay on time as well as evading or resisting taxation.

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