Live Webinar - "Updated Form 941 and how to handle with the New COVID-19 Credits"

Live Webinar: Updated Form 941 and how to handle with the New COVID-19 Credits When: Wednesday October 27, 2021 - 03:00 PM Duration: 60 Minutes.

Register Now

This webinar will give you the tools to better be able to understand line by line of the Form 941
Details around 2020 updates to the form 941 and review of common errors as reported by the IRS
Review of Schedule B and the importance of completing correctly
Review of who should sign the Form 941
Employer Retention Tax credit and the new form 7200
Social Security employer tax deferral
The form 941 is an essential form for all employers that pay employees and withhold federal and FICA (social security and Medicare) taxation. In recent years several changes to the 941 form has made is difficult to understand. The importance of reconciliation and completed of not only the Form 941 but Schedule B is becoming increasingly important for employers to avoid costly disputes with the IRS resulting in penalty and interest.

What you'll learn?
941 Basic Requirements
Reporting Requirements
941 Due Dates
Line by line review
Signing Requirements
COVID-19 Tax credits and Form 941
Reconciliation of Form 941 and W-2’s at year end
941-x forms and how to deal with them