The Form 941, Q3 2023 Filing Season Is Here; Start Filing Now With TaxBandits

ROCK HILL, SC / ACCESSWIRE / October 4, 2023 / The end of the year is fast approaching, signaling the arrival of tax season for businesses, tax professionals, and payroll service providers. The third quarter Form 941 deadline kicks off tax season, as it is the first of many IRS deadlines between now and January 2024.

Form 941 is a crucial filing requirement for any business that hires employees, pays them wages, and withholds the required amounts from these wages. The taxes that must be withheld from employee wages and reported to the IRS include social security, Medicare, and federal income taxes.

This quarterly form has an upcoming 941 deadline for the third quarter on October 31, 2023, and TaxBandits, a leading IRS-authorized e-file provider, presents business owners, tax professionals, and service providers with an excellent option for smooth and accurate filing. TaxBandits is designed with all clients in mind, whether they are only responsible for filing for their own business, or they are responsible for the filing of thousands of clients.

TaxBandits exceeds their clients' IRS 941 e-filing needs with the following features, paired with excellent customer support, and the best pricing available in the industry.

TaxBandits Supports Form 941, Schedule R

Completing Form 941 Schedule R can be a tedious process for aggregate filers. TaxBandits offers an easy bulk upload feature to simplify this for CPEOs, PEOs, and 3504 reporting agents. This allows these providers to upload their clients and form information in large batches.

Required Attachment Forms are Included in the Filing Fee

TaxBandits supports various attachment forms related to the quarterly 941 filing, which employers may require. These include:

• 941 Schedule B
• Form 8974, which is required by businesses planning to claim the Qualified Small Business Payroll Tax Credit for Increasing Research Activities
• Form 941-V (Payment Voucher), which is required for any businesses planning to mail a check or money order to the IRS, based on their 941 reporting.
• Worksheets 1 and 2 (as needed for reporting the ERC for previous quarters when it was available).

Built-in Audit Feature and Auto-calculations

TaxBandits removes the tedious aspects of filing the quarterly Form 941. Many fields are calculated throughout the filing process, generating the correct amounts based on the information clients enter.

In addition to eliminating numerous manual calculations, TaxBandits also possess a built-in Audit Feature. The IRS Business Rules are utilized to check forms for basic errors before the form is transmitted to the IRS. Once the form is submitted to the IRS, TaxBandits provides status notifications via email and directly within the application.

Convenient E-signature Options

TaxBandits provides clients with two straightforward e-signature options. If they have received the 94x Online Signature PIN from the IRS, they can utilize it for electronic signatures on Form 941. Alternatively, for those who do not possess an Online Signature PIN, Form 941 can be e-signed using the 8453-EMP. Moreover, clients have the option to request a complimentary IRS Online Signature PIN through TaxBandits.

Dedicated, Live Customer Support

TaxBandits offers its clients access to a dedicated customer support team located in Rock Hill, SC. This experienced team is readily available to assist clients throughout the filing process via phone, email, and live chat.

When asked about the upcoming 941 deadline for Q3, Agie Sundaram, the CEO and Co-founder of SPAN Enterprises (parent company of TaxBandits), responded stating, "TaxBandits takes the lead in the industry as an IRS-authorized e-file provider, thanks to our exceptional features and customer support that streamline the e-filing process. Filing Form 941 through TaxBandits is made easy and cost-effective, whether you're filing for a single business or managing thousands of clients."

Businesses, tax professionals, and payroll providers of all sizes can begin e-filing Form 941 at taxbandits.com.

About TaxBandits

The Form 1099 and Form W2 experts! TaxBandits is a SOC 2 Certified, IRS-authorized e-file provider of Forms 1099, W-2, Form 1095, Form 940, 941, and W-9, serving businesses, service providers, and tax professionals of every shape and size.

Additionally, TaxBandits API provides a comprehensive electronic filing solution to all service providers, enabling seamless processing of Forms 1099, W-2, 941, 940, and W-9.

About SPAN Enterprises

SPAN Enterprises is the parent company of TaxBandits and a variety of other business management and e-filing applications. Located in the small city of Rock Hill, SC, SPAN Enterprises proves that big ideas grow in small towns.

With existing Business Management and E-filing Applications such as 123PayStubs, TruckLogics, ExpressTruckTax, and Tax990, SPAN Enterprises is at the forefront of innovative applications. Learn more at https://www.spanenterprises.com/.

For any media inquiries, please reach out to Stephanie Glanville, Content Writer at stephanie@spanenterprises.com.

SOURCE: TaxBandits