The Internal Revenue Service (IRS) requires businesses to report employment taxes and withholdings through various forms. Two of the most important forms for employers are Form 940 and Form 941.

ROCK HILL, SC / ACCESSWIRE / January 31, 2024 / Nationwide, businesses employing both employees and independent contractors face tight deadlines for filing and distributing Forms W-2 and 1099-NEC, and ...

The IRS has announced that, as part of its phased implementation of the new tax law, there will be no changes to withholding tables for 2025. The IRS added that there will be no changes to certain ...

ROCK HILL, SC / ACCESSWIRE / June 3, 2022 / TaxBandits has once again expanded its line-up of IRS tax forms to include the Form W-2G and Form 940 Amendments. These forms are now available for ...

As part of ongoing transformation efforts, the Internal Revenue Service announced the successful expansion of digital scanning. In a major step in the new Digital Intake scanning initiative, the IRS ...

Paper was once dubbed the "IRS's Kryptonite" by National Taxpayer Advocate Erin Collins in an earlier report to Congress. And the Internal Revenue Service now must find a way to deal with paper ...

Christmas came early (again) this year for many taxpayers and tax professionals. The IRS has announced that it would (again) delay the new $600 Form 1099-K reporting threshold for third-party ...