The IRS recently published a new form 941 to be used for the rest of 2020 - and you're expected to use it for the next form deadline on July 31st.
The main changes?
Several lines have been added so employers can claim tax credits under the Coronavirus Aid, Relief, and Economic Security (CARES) Act and the Families First Coronavirus Response Act (FFCRA).
In case you missed our workshop last week where our payroll expert gave complete how-to instruction of the changes to form 941, we're re-running the event on Monday, July 27th at 1pm E.T. (If you can't attend that day - not a problem. Registration includes the on-demand recording. You can play/pause as you're completing your form!)
Over 90 HR and Finance professionals joined us last time and walked away ready to fill out the new form 941 and get the COVID-19 tax relief businesses need. Don't miss out on your chance to do the same.
Here are the top three takeaways you'll get: - How to accurately complete the 941 with the new COVID-19 tax breaks - even if you're working remotely
- Form 7200 instructions and common errors to avoid when filing
- How to reconcile the form 941 for year-end
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