The IRS has released a new Form 941 to be used for the rest of 2020.
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).
These changes are new this year, and they're mandatory - so we're going to take you step-by-step through the new Form 941 so you can navigate it with confidence.
Join us on Monday, October 19th for a 60-minute workshop covering everything you need to know about this updated form.
Our payroll expert will explain each change to the new form and how to process it, including: - 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
- And more!
|