Massachusetts state deposits use ACH for annual withholding exceeding what amount?

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Multiple Choice

Massachusetts state deposits use ACH for annual withholding exceeding what amount?

Massachusetts requires deposits to be made via ACH once annual withholding reaches a level where electronic transfers become the efficient, reliable method for handling large cash flows. The established threshold is $250,000. At or above this amount, using ACH credit to the state treasury helps ensure timely, traceable deposits and easier reconciliation. For withholdings under that level, other deposit methods may be acceptable.

Massachusetts requires deposits to be made via ACH once annual withholding reaches a level where electronic transfers become the efficient, reliable method for handling large cash flows. The established threshold is $250,000. At or above this amount, using ACH credit to the state treasury helps ensure timely, traceable deposits and easier reconciliation. For withholdings under that level, other deposit methods may be acceptable.

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