Common but costly errors employers should avoid when filing taxes or claiming credits

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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.

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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

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