Next-day deposit rule
In accounting, next-day deposit rule means $100,000 or more of employment tax accumulated on any day is due the next business day, on either schedule — and turns a monthly depositor semiweekly for the rest of the year and the next.
Also called $100,000 rule.
Authority: IRS Pub. 15 (2026), §11 (opens in a new tab). Sources
The lesson that teaches this
From the free founder back-office course, taught on one company's books, with exercises to work it yourself.
What it is not called
Each of these means something else. Use one here and an accountant reading the product notices.
- same-day wire
Also in Payroll
Defined in Lexicon. This page is generated from that document, so the two can't disagree.