| The IRS deadline, to file the second quarter 941 form | | | | Form 941 is due the last day of the month that follows |
| (Employer's Quarterly Federal Tax Return) is nearing. | | | | the end of the quarter. Second quarter 941 Form is |
| To be compliant with government regulations this is | | | | due on July 31, 2009 and includes payroll periods in |
| one of many payroll forms business owners and | | | | April, May and June. Third quarter 941 Form is due |
| employers need to prepare. Employers use this form | | | | October 31, 2009 and includes payroll periods in July, |
| to report wages paid, tips received by employees, | | | | August and September. Fourth quarter 941 Form is |
| federal income tax withheld, both the employee and | | | | due January 31, 2010 and includes payroll periods in |
| employer portion of Social Security and Medicare | | | | October, November and December. |
| taxes, the current quarter's adjustments to Social | | | | Preparing this can be cumbersome and time |
| Security and Medicare tax for fraction of cents, sick | | | | consuming. Comprehensive payroll software that |
| pay, tips, group-term life insurance, advanced earned | | | | includes payroll forms and reports can save business |
| income tax credit (EIC) payments and credit for | | | | owners time and money. An automated payroll solution |
| COBRA premium assistance payments. | | | | can save employers from possible mistakes during |
| Those employers, who filed the first quarter 941 form, | | | | tedious calculations when completing payroll forms. |
| for 2009, may recall the credit for COBRA premium | | | | Many states have undergone tax table changes in |
| assistance payments line was a new addition at the | | | | 2009. Another dilemma averted by an automated |
| time. This line was added to accommodate the | | | | payroll program. Receive automatic tax table updates |
| COBRA premium benefits outlined in the American | | | | and payroll forms with Payroll Mate. |
| Recovery and Reinvestment Act of 2009. | | | | |