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IRS reduced number of employment tax filings for small business (1 viewing)
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TOPIC: IRS reduced number of employment tax filings for small business
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findtaxs (User)
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IRS reduced number of employment tax filings for small business 2007/01/18 12:45 Karma: 0  
For small businesses with a total employment tax liability of $1,000 or less, the IRS has reduced the number of empolyment tax filings required per year. Instead of filing a Form 941 every quarter, now small business owners are only required to file the Form 944 once a year. For tax year 2006, Forms 944 are due by January 31.
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