An Overview of Form 941 for 2024: What You Need to Know
As we move into 2024, employers and payroll professionals must stay updated on the latest changes to Form 941, the Employer's Quarterly Federal Tax Return. This crucial document plays a vital role in reporting employment taxes to the Internal Revenue Service (IRS). In this comprehensive overview, we'll explore the key aspects of Form 941 for 2024, including its purpose, filing requirements, and important updates.