941 Tag

Some small businesses pay employment tax quarterly while others may pay it just once a year. The IRS advises small business owners to review the rules for filing two commonly used employment tax returns. The two forms are: •  Form 941, Employer's Quarterly Federal Tax Return •  Form...

The IRS has issued a third version of Form 941 (Employer's Quarterly Federal Tax Return) and its instructions for 2020 that is to be used with the third and fourth quarters of this year. Background. The IRS initially issued the 2020 Form 941 in late-February 2020 with no changes to the form from...

On June 19, the IRS posted a new version of Form 941 (Employer's Quarterly Federal Tax Return).  It will be used beginning with the second quarter return (April 1 to June 30) that must be filed by July 31 (August 10 for employers that made timely...