Rent to Own Online
"All Rent to Own...All the Time"

Home

| About RTO Online | RTO Tradeshow | Press
#1 Online Destination For the Rent to Own Industry
Trade portal for companies who rent to own furniture, electronics, appliances, custom wheels, jewelry and other home goods.
Rent to Own Online
Rent to Own Tradeshow
Who's Who in rent to own  
The Rent to Own industry's event photo album  
Video podcast interviews with Rent-to-Own industry professionals  
Audio podcast interviews with Rent-to-Own industry professionals  
Rent-to-Own Industry Federal Legislative Guide  
Rent to Own Industry Jobs and Resumes  
Search Rent to Own Online  
Subscribe to
RTO Magazine

E-mail Address :

Manage Subscriptions
 
RTO Magazine
 
United States Rent to Own Store Locator  
State Rent to Own Law  
Rent to Own Websites  
Rent to Own Industry Poll  
Editorials By Rent to Own Professionals  
Rent to Own Stocks  
Rent to Own Links  
Rent to Own Industry Events  
Rent to Own Online Archive  
Rent to Own Industry Training  
Advertise on the number one website for rent to own professionals  
Rent to Own Industry Blog  
Rent to Own Chat  
Rent to Own Industry Forum  
Rent to Own Industry Glossary  
National News  
Contact Rent to Own Online  
 

Site Statistics

 

Poll

 

IRS Unveils Simplified Form 941; Employment Tax Return
02-24-05
RTO Online
Email this page to a friend

Rate: 

Your email address Worthless Helpful I have tears of joy Better than War and Peace

Add your Comments

Factoids

Back to news

Related Articles

Other Articles by
John Day
most recent first

RTO Accounting; How to book credit card charges - The tidy way
RTO Accounting; What's The Deal With Petty Cash?
Business Organizations; Choosing the Right Business Entity For Your RTO Company
T-Accounts Are A Great Tool for Solving Accounting Transactions
The Difference between Simple and Compound Interest
The Equity Accounts – It’s Your Money
The Detail of the General Ledger Report
Miscellaneous Suspense
The Handy-Dandy GL Account
Rent to Own Payroll Bookkeeping
A Bit of a Pain!
Rent to Own Internal Control
A Preventive Maintenance Program
Applying for a Business Loan
Putting Your Best Foot Forward
Accounting Principles & Standards
Avoid Them At Your Own Peril
Disposing of Assets
Figuring Gain or Loss on Rental Inventory
The General Journal
Your Most Versatile Accounting tool
Bank Reconciliation
Show Me the Money! What is Cash Flow?
Maximizing Rental Inventory Depreciation
Understanding Rental Merchandise Depreciation
Understanding the Bottom Line
QuickBooks Traps
The Rent to Own Accounting Model
Double-Entry Accounting

 

The new 941 is much easier on the eye and much more user-friendly
Scott Mezistrano, Senior Manager, Government Relations, American Payroll Association

RTO Links

Download the new Form 941
Instructions for new Form 941

The Internal Revenue Service today unveiled the redesign of the employment tax return Form 941, Employer’s Quarterly Federal Tax Return. The simplified form should help businesses, tax practitioners and payroll companies avoid common errors as well as reduce the burden associated with completing and filing Form 941.

The redesigned form features an improved layout, plain language instructions, simplified deposit reporting and paid preparer identification. The form is also scannable, which the IRS expects will reduce transcription errors.

advertise here

"Where we can, the IRS wants to simplify its forms," said IRS Commissioner Mark W. Everson. "The new Form 941 will help achieve that."

More than 23 million of these forms are filed annually by 6.6 million employers. The Form 941 is used to report wages, tips and other compensation paid, as well as Social Security, Medicare and income taxes collected.

The Office of Taxpayer Burden Reduction led an IRS team in the redesign. External stakeholders from the payroll tax community provided input. The revision also reflects information gathered from the public and feedback from focus group participants.

"The new 941 is much easier on the eye and much more user-friendly," said Scott Mezistrano, senior manager of government relations for the American Payroll Association. "With the shading, bigger boxes and improved instructions right on the form, you know exactly what you are supposed to report and where to put it. IRS did a very thorough job of reviewing every line on the 941 and considering how it could be made more clear."

 

 

RTO Online is the official channel for Rent-to-Own Industry News and the only independent source of news for the rent-to-own, rental-purchase, lease-purchase trade. RTO Online (Rent to Own Online) represents the choice of the entire RTO Industry for trusted information, as it happens.

Tell us what you think
Rate the article at the top of this page