Final answer:
If the due date for FUTA tax falls on a weekend or holiday, the payment is due the D)next business day. This allows employers to avoid penalties for late payments and to plan accordingly around tax deadlines.
Step-by-step explanation:
When the due date for depositing FUTA (Federal Unemployment Tax Act) tax falls on a weekend or a federal/state holiday, the payment is generally due the next business day.
For instance, if the FUTA tax payment is due on a Saturday, it should typically be paid by the following Monday. If Monday is a holiday, then the due date would be the next business day, which is Tuesday.
This rule ensures that payments are made in a timely fashion, avoiding possible penalties for late payments. It's important for employers to plan in advance for such occurrences, especially around federal holidays or weekends that coincide with tax deadlines.