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SPAN Enterprises: E-file 940 and 941 Forms With ExpressEfile before February 1, 2021

SPAN Enterprises: E-file 940 and 941 Forms With ExpressEfile before February 1, 2021 ROCK HILL, SC / ACCESSWIRE / January 11, 2021 / As the 2020 tax year comes to a close, employers are required to report to the IRS by filing Form 940 and Form 941 by February 1, 2021. IRS Form 940 is used to compute and report unemployment taxes each year. The Employer s Quarterly Federal Tax Return, Form 941, allows employers to report withholdings from employee paychecks for income taxes, Social Security, and Medicare. Form 941 has undergone a series of revisions to reflect COVID-19 tax relief, with sections for reporting related to the CARES Act, the FFCRA, and deferment decisions for the employee portion of Social Security taxes.

Collins | COVID-19 Effects Extend To Company Taxes

Collins | COVID-19 Effects Extend To Company Taxes The disruption that defines 2020 seems to extend into every corner of our professional and personal lives. It’s even affecting the tax calculations and reporting responsibilities for media businesses’ accounting and financial professionals. By Mary Collins | December 18, 2020 | 5:30 a.m. ET. Last week, Mark Hamrick, journalist and senior economic analyst, Washington bureau chief at Bankrate.com, spoke to our Media Credit & Collections Virtual Workshop participants about the latest economic news out of D.C. and other factors that affect advertiser credit risk. I had to laugh when, in response to an attendee question, he simply held up a well-worn yellow sticky note on which he’d written, “#2020.”

Collins | COVID-19 Effects Extend To Company Taxes

Collins | COVID-19 Effects Extend To Company Taxes
tvnewscheck.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tvnewscheck.com Daily Mail and Mail on Sunday newspapers.

COVID-19 Effects Extend To Company Taxes

COVID-19 Effects Extend To Company Taxes
tvnewscheck.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tvnewscheck.com Daily Mail and Mail on Sunday newspapers.

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