Noun: The 941 kind, within the 2021 pdf format, is an Employer’s Quarterly Federal Tax Return doc. Companies use this type to report federal revenue tax, social safety tax, and Medicare tax funds.
Companies topic to the 941 kind embody these with workers and/or those that pay contract staff. Adhering to deadlines for this type and submitting it precisely is crucial to keep away from penalties. Traditionally, the 941 kind was solely a paper doc, however the 2021 pdf model gives on-line accessibility and facilitates the digital submission course of.
