While Circular E states that there are two deposit schedules, at least four different payment deadlines exist for the federal employer taxes. The primary theme with the deadlines is that larger tax balances have 
really tighter deadlines. Employers with larger tax balances must and can pay sooner than employers with the smaller tax balances.
The payment is due the banking day after payroll.
- Use the next-Day Deposit Rule
- When federal employer taxes for a single day exceed $100,000, the taxes should be paid by the next banking day.
When payment is due a few days after payroll:
- The semiweekly Deposit Schedule
- For those employers with taxes exceeding $50,000 for the annual lookback period. Refer to the Circular E for lookback period calculations.
- If the payday falls on Wednesday, Thursday, and/or Friday, then taxes are due by the following Wednesday.
- If the payday falls on Saturday, Sunday, Monday, and/or Tuesday, then taxes are due by the following Friday.
When payment is due by the 15th of the following month:
- The monthly Deposit Schedule
- For the employers with taxes under $50,000 for the annual lookback period. Refer to the circular E for lookback period calculations.
- And then the taxes are due by the 15th of the following month.
The payment is due quarterly when 941 is filed.
- The payment with Return Schedule (941)
- If the payroll taxes were under $2,500 for either the current or the preceding quarter, then the taxes can be paid with the Form 941.
For making payments
Most of the employers are now required to pay the federal employment taxes through the Electronic Federal Tax Payment System (EFTPS ). Paying the taxes through the EFTPS saves a trip to the bank and also provides an online history of the tax payments. Business owners must periodically login to confirm tax payments are being received by the IRS. Know more about Form 941 for 2014 at AudioSolutionz.