Payroll & Informational Returns
Payroll taxes can be confusing and difficult to manage.
We can help you set up regular payroll processing and reconcile your payroll withholding records. We accurately prepare all required monthly, quarterly, and year-end Federal and state payroll tax returns, which include Forms 940, 941, W-2, and W-3 for you on a timely basis. We also prepare the annual informational returns reporting payments to contractors on Forms 1099 and 1096.
The issue of economic necessity is a central theme in the Paycheck Protection Program (PPP).
The IRS announced in late August that they will accept e-signatures on specific forms that cannot be filed electronically.
On August 24, 2020, Treasury issued a new Interim Final Rule (IFR) which provides important new details on the Paycheck Protection Program (PPP) loan forgiveness.