Filing Form 940

Use Form 940 or Form 940-EZ, Employer’s Annual Federal Unemployment (FUTA) Tax Return, to report FUTA tax. File Form 940 or Form 940-EZ by January 31. However, if you deposited all FUTA tax when due, you may file on or … Continue reading

Information Needed To Hire Employees

As your business begins grows, you may want to hire employees. If you decide to hire employees there is information that you will need to secured for your records and forms that you will need to complete. You must verify … Continue reading

Statutory Non Employees

Certain categories of workers, while they may qualify as Employees under the Common Law Test, are nevertheless treated under the IRC as independent contractors for federal income tax withholding and Social Security, Medicare, and FUTA tax purposes. They are known … Continue reading