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