It's the end of the month and you need to file quarterly employment tax returns.  What are your options?  Your payroll software is cumbersome and produces some forms, but the calculations aren’t always reliable.  And the forms it produces don’t have a professional look.  You could prepare the forms by hand, but that is a laborious task at best.  As careful as you are, mistakes can still happen.

Your best option is Tax941.

Print error-free ready-to-file forms on your printer

In minutes, you can prepare and check your form.  Tax941 has been producing accurate 940, 941, 943, and 945 Forms for 15 years.  The software does all the calculations for you, and checks your work for errors before you print the Forms.  This way you can resolve problems before you file.

Thousands of payroll and tax professionals use Tax941 to generate the following complex forms and schedules.

• Form 940 - Employers annual return for reporting FUTA tax.  Includes adjustments for late state unemployment tax or additional FUTA tax.  Also includes the new schedule for multi-state employers and credit reduction states.
• Form 941c - Convenient fill & print form.
• Form 941 - Employers Quarterly Federal tax return.  Includes an easy to complete Schedule B.
• Form 943 - Employers annual return for agricultural employees includes input worksheets for liabilities and deposits to speed completion.
• Form 944 - New IRS-designated annual form for 2006 to replace some 941 quarterly filings.
• Form 945 - For withheld federal income tax from non-payroll payments including pensions, annuities, and backup withholdings.

Simplify form preparation for your clients or your own company

Tax941 gives you peace of mind in knowing that the forms you produce are error-free.  Comprehensive error-checking assures accuracy that is second to none.

If you prepare forms for your own company, you can use Tax941 to keep track of your liabilities and deposits throughout the quarter or year.  Recording this information keeps you accountable and makes your form preparation a breeze.

When you prepare forms for your clients, it doesn’t get any easier than Tax941.  You can simply take the liability and deposit information from the clients accounting system and enter those figures in Tax941. All company information is saved to make the next return even easier.

Know if there’s a penalty before you file

You need to know about potential penalties when you prepare the form. That's when you can catch (and correct) errors that can lead to months of IRS correspondence. Tax941 helps you avoid harsh penalties by showing you exactly when and how much to deposit.

Double-check an IRS notice in minutes

Each year, the IRS sends out more than 4,000,000 deposit penalties. Without Tax941, there is no easy way to see if a penalty is right. And government reports show that millions of these penalties are wrong. Let's face it, both the IRS and taxpayers make mistakes. And, because the penalties are severe, mistakes can cost hundreds, even thousands of dollars.

Tax941 automatically calculates:

• 2%, 5%, 10%, and additional 5% penalties
• 5% late filing penalty
• 0.05% and 1% late payment penalty
• IRS interest

Tax941 creates professional reports that are perfect to send to the IRS. You can also use these comprehensive reports to document your work.

Try Tax941 risk-free

Payroll related penalties can be substantial. Tax941 can pay for itself in only one or two uses. Tax941 comes with TimeValue Software's one year money-back guarantee. Your initial purchase includes 1 year of updates. Additional updates are renewable annually.

System requirements:

Windows Vista, XP, 2003, 2000, NT, Me, and 98.

Related products from TimeValue Software

PayrollPenalty™ can help you cut payroll deposit penalties in half. Taxpayers have already saved over $50 million!

TaxInterest™ can handle your interest and penalty calculations on income tax underpayments and overpayments.

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