Latest news with #Form941

Associated Press
22-04-2025
- Business
- Associated Press
Don't Miss the April 30 Deadline: Prepare Q1 2025 Form 941 Filing with Tax1099
Stay ahead of the curve! Tax1099, a leading IRS-authorized e-filing platform, reminds businesses to prepare and file Form 941 before the due date to ensure compliance and avoid costly IRS penalties. FAYETTEVILLE, AR and DALLAS, TX / ACCESS Newswire / April 22, 2025 / With the form 941 due date of April 30, 2025, fast approaching, Tax1099 encourages businesses to start preparing now to streamline their federal employment tax reporting. Form 941, the Employer's Quarterly Federal Tax Return, is critical for reporting withheld income taxes, Social Security, and Medicare taxes, and must be filed by the last day of the month following each quarter. Form 941 eFile through Tax1099 simplifies the process, offering speed, accuracy, and security. Whether you're managing a single return or multiple filings, Tax1099's intuitive platform makes compliance effortless for businesses of all sizes. Don't Forget Schedule B! For businesses with semiweekly tax liabilities, Form 941 Schedule B is required to report daily tax liabilities. E-file it alongside Form 941 to ensure full compliance. Tax1099 seamlessly handles both, so you're covered without the hassle. Form 941 Due Dates for 2025 Tax Year Businesses need to report federal withholdings from employees, including: Don't Risk Penalties-Act Now! Miss the Form 941 due date, and the IRS could hit you with fines starting at 5% of unpaid taxes per month, up to 25%, plus interest. Tax1099's all-in-one platform automates prep, validates data, and delivers flawless submissions. Trusted by over 1 million businesses, it's your ticket to fast, error-free filings by every Quarterly Form 941 due dates. Benefits of E-Filing with Tax1099 Beat the Clock-File Today! Don't let penalties sneak up. With Tax1099, you can file your Form 941 now and keep your business in the clear. Get started at About Zenwork Tax1099 Tax1099, an IRS-authorized e-filing service, simplifies tax compliance for over 750,000 businesses nationwide. Supporting 40+ federal and state-compliant forms, including Form 941, Tax1099 offers robust features like bulk filing, TIN matching, API integration, and 24/7 support. Learn more at About Zenwork Inc. Zenwork Inc., the parent company of Tax1099, is a leader in digital tax compliance. With a decade of experience, Zenwork Inc. has assisted over 750,000 businesses and 70,000 CPA firms in simplifying compliance. Learn more about Zenwork and its products at and Contact: Ed Pratt Zenwork Inc. [email protected] SOURCE: ZENWORK INC press release

Associated Press
10-04-2025
- Business
- Associated Press
Tax1099 Makes Q1 2025 Form 941 Filing Easy for Business Owners and Tax Professionals
Designed for US business owners, tax professionals, and entrepreneurs, Tax1099 is the most trusted eFile provider to process 941 forms. FAYETTEVILLE, AR AND DALLAS, TX / ACCESS Newswire / April 10, 2025 / Tax1099, a trusted e-filing platform, is here to make Form 941 submissions fast, secure, and hassle-free for every business owner and tax professional. With its advanced features and intuitive interface, the platform can easily populate 941 forms and deliver recipient copies electronically or via mail. Form 941 reports federal income tax, social security, and Medicare taxes withheld from employee wages. Businesses are required to submit it to the IRS every quarter. As the first quarter ended on March 31, businesses should prepare for the Q1 2025 Form 941 filing deadline by April 30, 2025. Missing the 941 eFiling deadline can lead to a 5% penalty on the tax amount due. An additional charge of 5% for each month of missed reporting, up to a maximum of 25%, is imposed by the IRS. New Changes in Form 941 for the 2025 Tax Year The IRS has made key changes to tax thresholds and rates for the 2025 tax year: Social Security Tax Rate: The social security tax rate has been raised to 6.2% each for the employee and employer. This makes the social security wage base limit $176,100, which was $168,000. Thresholds for Household & Election Workers: Social Security and Medicare taxes apply to household employees earning $2,800 or more and election workers earning $2,400 or more in 2025. Why choose Tax1099 for Form 941 eFiling? Tax1099 is designed to eliminate manual processes and support accurate, timely IRS Form 941 submissions. Easy & Secure eFiling: Tax1099's AI-powered platform automates form preparation, performs real-time error checks, and ensures smooth eFiling. Bulk TIN Matching & Verification: Prevent common 941 filing errors and ensure data accuracy across large teams by verifying up to 10,000 TINs with the bulk TIN matching tool. USPS Address Validation: Track recipient consent and simplify form distribution to ensure all recipients receive their tax form copies promptly. No-Code Integration: Upload data in bulk using Tax1099's Excel/CSV templates or import from major accounting software, such as QuickBooks, Xero, Zoho, Sage, and more. Multi-User Management: Make multi-user management easier by assigning roles and setting access permissions with our built-in multi-user functionality. 24/7 AI-Powered Assistance: Take help from the AI-driven chat support that is available around the clock. Receive instant answers to filing and compliance questions. About Zenwork Tax1099: Tax1099, an IRS-authorized digital tax compliance service, simplifies tax filing for over 750,000 businesses nationwide. Offering 40+ federal and state-compliant electronic returns, 12+ data management integrations, API integration, secure document management, bulk filing, TIN matching, and 24/7 customer support, Tax1099 is a leading tax filing solution provider. About Zenwork Inc: Zenwork Inc., the parent company of Tax1099 and backed by Spectrum Equity, is a key player in digital tax compliance and regulatory reporting technology. With a decade of experience, Zenwork Inc. has assisted over 750,000 businesses and 70,000 CPA firms in simplifying compliance. Learn more about Zenwork and its products at and . Ed Pratt Zenwork Inc.