Which of the following statements is true regarding monthly depositors of employment taxes?

The statement regarding monthly depositors of employment taxes being required to deposit their taxes by the 15th day of the following month is accurate because the IRS has established a specific schedule that stipulates when these payments are due. Monthly depositors are employers who report employment taxes less than $50,000 during the lookback period. For these employers, any employment taxes owed for a month must be deposited by the 15th day of the following month. This timeline ensures timely remittance of taxes, helping to maintain compliance and avoid penalties.

The other options are not correct in this context. Monthly depositors are primarily defined by their tax reporting levels from the previous year, not simply by a static threshold of $25,000. Quarterly deposits are not an option for monthly depositors since they have a specific obligation to adhere to the monthly schedule. Lastly, there is indeed a deadline for tax deposits; employing no specific deadline would imply noncompliance with IRS requirements. Understanding these rules is crucial for proper tax management and ensuring that you meet federal obligations in a timely manner.