If you have employees on staff or cut yourself a payroll check from your small business, you are responsible for paying employer federal taxes. You pay the federal employer taxes on a quarterly basis- ...
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Form 941: Employer’s Quarterly Federal Tax Return
What Is IRS Form 941: Employer’s Quarterly Federal Tax Return? IRS Form 941, also known as the Employer’s Quarterly Federal Tax Return, is used when businesses report the income taxes, payroll taxes, ...
On April 30, 2020, the Internal Revenue Service (IRS) released a draft of Form 941, Employer’s QUARTERLY Federal Tax Return, and accompanying instructions. The revised Form 941 includes various ...
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