If you own or operate a business that employs at least one employee on a regular basis, you will need to fill out and submit the Form 941 to the IRS on a quarterly basis. This form identifies the individuals that are on your payroll, the amount of withholding and other payroll taxes that you have kept from their paychecks, and is accompanied by the appropriate payment when it is sent to the government.
Are you tired of filling this form out by yourself each month, or are you concerned you don’t have the knowledge to do it correctly? While the Form 941 is not the most complex accounting task in the world, it can still be a headache for many business owners. With that said, retaining the services of a tax accounting company to shoulder the load and complete this form for you is a great choice. GoodAccountants.com is a great place to find qualified accountants that you can be confident will complete your forms in an accurate and timely manner.
While all tax matters are taken very seriously by the government, employment taxes are watched especially closely. If a business withholds pay from employees for tax purposes and that money is not properly accounted for on Form 941, it will be viewed as a crime. You surely have no intent of stealing or cheating the system, but filling out these forms incorrectly could land you in a position you never expected to be in. A good tax accounting company will prevent this from being a possibility and you can spend your time on things you want to be doing – like successfully running the business.
If you don’t know who to contact for a reliable tax accounting company, start your search at GoodAccountants.com and sort through a long list of capable businesses that can come to your aid. Spending the money it costs to retain the services of one of these companies will more than pay for itself in peace of mind and confidence that your Form 941 is being filed correctly every quarter.