Payroll Tax Return Copies
A reminder for businesses - Download copies of your quarterly payroll tax returns regularly. Payroll processors should be filing these on your behalf, but it’s always a good idea to download them and save them to your files. Depending on your filing schedule and what particular quarter it is, you should have:
Federal 941 (quarterly)
Federal 940 (annually with Q4)
State withholding (may be quarterly or annually)
State unemployment (quarterly)
Copies of W3/W2/s (annually with Q4)
If you have engaged me to actually run your payroll (weekly, bi-weekly), I’m downloading these on your behalf and have them in my files as part of your payroll services.
If you’re only getting your payroll software through me or if I’m working on your monthly financials but I’m not running your payroll, I have not downloaded these on your behalf, so you need to do that.