For semi-weekly depositors, when are payroll taxes due for wages paid on Wednesday, Thursday, and/or Friday?

For semi-weekly depositors, payroll taxes are due based on the timing of when wages are paid. When wages are paid on Wednesday, Thursday, and/or Friday, the due date for those payroll taxes is no later than the following Wednesday. This timeline is established by the IRS, which stipulates that for payments made during the second half of the week (Wednesday through Friday), the associated payroll tax liability must be deposited by the end of the following Wednesday.

Understanding this due date is vital for ensuring compliance with tax regulations and avoiding penalties. If businesses were to erroneously think that the deadline was later in the week, they might miss the required deposit date and incur interest and penalties for late payment.