Quarterly Payroll Tax Preparation
One of the most difficult parts of operating a business is keeping up with quarterly tax returns. That’s why many many businesses will outsource their quarterly payroll tax preparation.
The Employer’s Quarterly Federal Tax Return requires businesses to report the income taxes and payroll taxes that they have withheld from their employee’s wages. It also serves to calculate the Social Security and Medicare tax burden for the employer.
The required paperwork is known as IRS Form 941. It requires information such as the amount of wages paid, tips collected, taxes withheld, and more. If that sounds like a lot, that’s because it is. But don’t fret, because LSWG CPAs can help.
We are proud to offer tax planning and preparation services for individuals and businesses alike. Our team of expert accountants is dedicated to your financial success and security. Allow us to offer preparation for your quarterly payroll tax obligations.
We can collect the information you need and assist in filing Form 491 for your quarterly payroll tax. While we handle your accounting needs, you can focus more on what really matters – providing exceptional goods and services for your customers.