If your small business has employees, your business tax obligations include reporting the income and payroll taxes that you withhold from their paychecks. Typically, this information is reported using IRS Form 941, also known as the Employer’s Quarterly Federal Tax Return. However, if your business is smaller and has less tax liability, you may be…
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The article IRS Form 944: Instructions and Who Needs to File It originally appeared on NerdWallet.