ExpressEfile supports the e-filing of the most up-to-date Form 941. File your W-2, 1099-NEC now to avoid more penalties, Simplified Payroll and Employment Tax E-filing Solution for Employers, Manage federal and state tax forms for all your clients from one application, Handle tax filing for all your clients & businesses with ease, Integrate your Tax/Payroll software with our API for simplified e-filing, Simplified e-filing process to manage numerous employees’ data, Validates TIN and name combinations to reduce the chances of TIN errors, Validates recipients’ postal mail addresses against the USPS database, Get online access to view/download tax forms from anywhere, anytime, Provide e-signature to authorize employers on tax e-filing, Allow multiple users to access a single account securely, Manage clientele that accesses their TaxBandits account in one place, Multi-layer protection to guard stored data and address security breaches, Two-Step authentication to prevent unauthorized access to your account, Option to mail the copies of tax forms to your employees on time, Audits every tax form according to the IRS Business Rules and Validations, Validate data according to IRS rules and the USPS database, Maintains an e-copy of all filed tax forms for up to seven years, Attractive prices for bulk filing users with no hidden charges, Simple method to e-file tax forms for multiple EINs and recipients, Import 1099 information from QuickBooks and e-file with us, Use Xero to preview & transmit Form 1099s to the IRS easily, Convert EFW2 file into individual forms to e-file & send recipient copies, Convert FIRE files into individual forms to send recipient copies, IRS-ready ACA XML files can be e-filed with the agency directly, Supports all file formats with custom-built tools to process data, Integrate Tax/Payroll software with our API for easy E-filing, Explore our Knowledge Base for helpful articles, Make use of our Blog posts to get up-to-date information, Our Support Team is here to help you any time, Visual tips and helpful videos to understand IRS/SSA Payroll and Employment Tax better. This deadline is not expected to be extended or adjusted. Form 941-SS: The instructions for the revised 2020 Form 941-SS, which were released June 29, are to be used for American Samoa, Guam, the Commonwealth of the Northern Mariana Islands, and the U.S. Virgin Islands. • Detach Form 941-V and send it with your payment Earlier, it was mentioned that the employee share of deferred social security taxes should be paid on April 30, 2021. • Detach Form 941-V and send it with your payment This program allows the employers to apply for loans and they can use the loan amount to pay their employees and certain other costs. Quarter 4 of 2020 Quarter 1 of 2021; Step 1. While e-filing forms like 1099-MISC or 1099-NEC, you can directly import information from QuickBooks or XERO to TaxBandits. Updated on March 03, 2021 - 10:30 AM by Admin, ExpressEfile. In contrast, Form 941 is the form that shows the IRS how much tax you, as an employer, withheld from each employee’s paycheck. This memorandum says that employers will now be allowed to defer the employees’ share of Social Security Tax. If you’re required to file Form 941, you’ve come to the right place. The IRS recently released revised instructions for Form 941 which is used by employers to report quarterly federal withholding. Total deposits and refundable credits less advances, revised Form 941 for Quarters 3 and 4, 2020. Information will be provided in the near future to instruct employers how to reflect the deferred deposits and payments otherwise due on or after March 27, 2020 for the first quarter of 2020 (January – March 2020). 1. 3. The changes affect lines 1, 13b, 24, and 25 of Form 941. E-file Form 941 Now. Form 941 Form 2021, there are 13 lines that have to be filled in Part 1, with among the last lines being complete tax credit histories breakthroughs connected to COVID-19.Part 2 – Payroll Deposit ScheduleThe following area is the Pay-roll Down Payment Schedule. 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