Stay up-to-date with the latest changes to Form 941 for the 2024 tax year! Our comprehensive course is designed for payroll professionals, accountants, and tax practitioners who need to master the intricacies of quarterly tax reporting. Dive deep into Form 941 requirements, including new changes, reporting obligations, and electronic filing procedures, to ensure compliance and accuracy in your tax filings.

This course covers:

• Understanding the basic requirements of Form 941
• Exploring changes to the form for 2024
• Navigating reporting obligations and due dates
• Understanding Schedule B requirements and implications
• Handling adjustments, credits, and deposit schedules
• Learning how to avoid common pitfalls and errors

Learning Objectives:

• Explore the details of the 2022 updates to Form 941
• Review common errors reported by the IRS
• Understand the importance of completing Schedule B correctly
• Analyze who should sign Form 941
• Discuss the Employer Retention Tax Credit and Form 7200
• Learn which Form 7200 submissions should be processed
• Understand Social Security employer tax deferral details

Who Will Benefit:

• Payroll Professionals
• Human Resources Personnel
• Accounting Professionals
• Business Owners
• Employee Benefit Professionals
• CFOs
• Attorneys dealing with payroll processes