Common but costly errors employers should avoid when filing taxes or claiming credits
Employers filing employment tax returns and claiming an employer tax credit should read the instructions for Form 941 and carefully complete the form to avoid mistakes.
Using a reputable tax preparer including a certified public accountant, enrolled agent or other knowledgeable tax professional can also help avoid errors. Mistakes can result in a processing delay or a balance due notice, which could mean additional delays or require filing an amended return.
Original Article Source Credits: IRS , https://www.irs.gov/
Article Written By: NA
Original Article Posted on: May 10, 2021
Link to Original Article: https://www.irs.gov/newsroom/common-but-costly-errors-employers-should-avoid-when-filing-taxes-or-claiming-credits