Find Payroll Software Solutions for Form 943-A
Form 943-A is a straightforward form, but needing to fill it out often points to a larger need. Also known as the Agricultural Employer’s Record of Federal Tax Liability, form 943-A is a required form for all agricultural employers who are semiweekly depositors or who became one because of an accumulated tax liability of at […]
Get Schedule 941-D and More Form Filing Software Support
If you’ve ever experienced a business reorganization, paid an incorrect amount on withholding tax, or had a financially confusing year, you’ve likely filled out Form 941-D. This form, also known as the Report of Discrepancies Caused by Acquisitions, is used to explain potential discrepancies between certain federal forms, including the W-2, the Wage and Tax […]
Prepare the 941 Payment Voucher and Other Forms with AMS
The 941 payment voucher is an easy form to understand. Users must submit Form 941-V if they are making a payment alongside Form 941. The IRS then uses the completed voucher to credit the payment accurately and promptly. If you have withheld federal income taxes, you must pay those amounts, including your business’s required payments, […]
How to File Your Federal Unemployment Payment Voucher
The Federal Unemployment Payment Voucher is used to supplement payments made with Form 940. It must be mailed alongside Form 940. This payment voucher should take just seconds to complete, but if you’re looking for voucher support, you’re likely in need of a software solution for Form 940, as well as other federal payroll forms. […]
Understand and Prepare the Federal Unemployment Payment Worksheet
The Federal Unemployment Payment Worksheet is used to calculate your credit. This is a helpful tool for employers who paid any state unemployment tax late, as well as employers for whom some paid wages were excluded from state unemployment tax. To complete this worksheet, you will need data for taxable FUTA wages, taxable state unemployment […]
How Does 1099 FIRE Filing Work?
1099 FIRE is the system the IRS uses for electronic filing. FIRE, an acronym for “Filing Information Returns Electronically,” is the fastest, most accurate way to file any form with the IRS. This system can help employers file and report 1099 forms with several advantages: Files are processed faster and with fewer errors The FIRE […]
AMS Payroll and Software Tools for Form 940 Schedule A
940 Schedule A is increasingly used by employers. The form is designed for multi-state filers, allowing employers to list each state where they have employees. The document also allows businesses to make a distinction between FUTA taxable wages for the state, as well as a reduction rate and the credit reduction for the state. Similarly, […]
Form 940 is Less Daunting with AMS Payroll Software
Form 940 is an information-heavy document. The form requires several important figures from throughout the year, including the total payments made to all employees, payments exempt from FUTA tax, and FUTA liability for each quarter. To complete this form, employers will need robust payroll and accounting datasets from which to draw. Unfortunately, most small businesses […]
File Form 943 More Easily with Accounting Software
Form 943 is an oddly specific federal form. Also known as the Employer’s Annual Federal Tax Return for Agricultural Employees, this form is used by employers who paid wages to farmworkers that were subject to social security and Medicare taxes or federal income tax withholding. Like other annual tax returns, the form requires employers to […]
How the Tax Filing Extension Might Affect You
If you’re a small business or accountant, the bulk of your tax work is likely already out of the way. For most employers and accounting professionals, January is the busiest part of tax season. Between sending out W-2s and 1099s, calculating year-end totals, and figuring out which forms you need to file, the early months […]