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Important: IRS Finalizes Changes to Payroll Tax Return Form 941

GET UP TO $500K IN BUSINESS FUNDING

On June 20, 2020, the IRS finalized tax Form 941, Employer’s Quarterly Federal Tax Return, to collect information about the new COVID-19 tax incentives, expanding the form from two to three pages, and adding 58 new data fields (previously 18 total lines).  See Appendix I: Summary of COVID-19 Employer Tax Incentives for more information. While the […]

The post Important: IRS Finalizes Changes to Payroll Tax Return Form 941 appeared first on SmallBizClub.

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