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If you operate a business and have employees working for you, then you likely need to file IRS Form 941, Employer’s Quarterly Federal Tax Return, four times per year. As an employer, you are responsible for withholding federal income tax and other payroll taxes from each employee’s paycheck and remitting it to the IRS. Each Form 941 you file reports the total amount of tax you withheld during the quarter.
Generally, any person or business that pays wages to an employee must file a Form 941 each quarter, and must continue to do so even if there are no employees during some of the quarters. The only exceptions to this filing requirement are for seasonal employers who don’t pay employee wages during one or more quarters, employers of household employees and employers of agricultural employees.
Every time you prepare a Form 941 for the quarter, you must report
Before starting the return, you need your payroll records plus documentation for any taxable tips your employees report to you.
When you calculate the amount to send to the IRS, in addition to federal income tax, the payment must reflect:
As the employer, you are responsible for making an additional payment to the IRS equal to all Medicare and Social Security taxes withheld. Also, beginning in 2015, an employer must withhold Additional Medicare Tax from wages paid in excess of $200,000 during the year in addition to any other taxes withheld.
Since you must file a separate form for each quarter, the IRS imposes four filing deadlines that you must adhere to. The deadlines each year are:
Just remember that the filing deadline always falls on the last day of the month following the end of the quarter. This gives you one month to prepare the form before submitting it to the IRS.
Failure to timely file a Form 941 may result in a penalty of 5% of the tax due with that return for each month or part of a month the return is late. The penalty caps out at 25%. A separate penalty applies for making tax payments late or paying less than you owe. The IRS will charge you 2 to 15% of your underpayment, depending on how many days you are late paying the correct amount.
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We scored 216 Divorce Lawyers in Minneapolis , MN and Picked the Top 23 · Here are the Picks: · Why These Divorce Lawyers ? · Advocate Law Office
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North Rocks Soccer Club
Address: N Rocks Rd, Sydney NSW 2151, Australia
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How to say Hej in English? Pronunciation of Hej with 4 audio pronunciations, 1 meaning, 13 translations and more for Hej
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Aveda Experience Centre Canberra
Address: 148 Bunda St, Canberra ACT 2601, Australia
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Several health benefit claims such as improved appearance, enhanced mood, and increased vitamin D levels have been attributed to tanning. Furthermore, the Indoor Tanning Association claims that “catching some rays may lengthen your life” [5]. Exposure to sunlight has been linked to improved energy and elevated mood.
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In short, Beric was on Arya's kill list because he's the one who sold Gendry to Melisandre. Ironic that Arya and Beric come face-to-face given that Arya gets it on with Gendry after that conversation happens between her, Beric, and The Hound.
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Why does arya want to kill beric?