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Employers Beware–Payroll Tax Form Has Changed Yet Again

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On September 30, 2020, the IRS updated Form 941, Employer’s Quarterly Federal Tax Return, for the second time in as many quarters to accommodate President Trump’s executive order. Recall, employers use Form 941 to report income taxes, Social Security tax, or Medicare tax withheld from employee’s paychecks. Employers should use this version to file their […]

The post Employers Beware–Payroll Tax Form Has Changed Yet Again appeared first on SmallBizClub.

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