Overview

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 completing 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.

This webinar will also explain proper withholding taxation so the participant understands the importance of withholding and reporting so the Form 941 is always accurate. It will review the most recent changes to the 941 based on current legislation