3 Tax Deadlines that Employer needs to Know   (2/4 Tax Preparation Countdown!)


The penalties for not filing are higher than not paying taxes, thus don't miss the filing deadline! 


On or before January 31, Employers must report the following forms: w2s must be reported to the IRS and copies need to be given to your employees;  940 known as (FUTA) Federal Unemployment Tax Act  Lastly 1099s with form 1096 when you have Independent.


Contractors :                                                               

Please make sure that you have submitted all these IRS forms before your employees and Independent Contractors file their tax returns. 



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