Is Your Trucking Business Forgetting To File An Important Tax Form?

Taxes just seem to keep on coming all year long! You just filed your HVUT Form 2290 so you can relax knowing that’s out of the way. However, get too comfortable and let other tax deadlines slip your mind because more are on the way!

As a business owner, you have more taxes to file than the average person and you have an important deadline coming up that’s almost less than a month away! You need to file Form 941 by the 3rd quarter deadline, which is on October 31st, but don’t worry you can easily file with TaxBandits.

What’s Form 941?

Form 941 is the Quarterly Federal Tax Return and the report that’s used to disclose employment taxes for those who own and operate a business with employees. This means any person or business that pays wages to an employee must file Form 941 on a quarterly basis, just like IFTA.

As a trucking business owner, you are responsible for withholding federal income tax, Medicare tax, and social security tax from your employee’s paychecks and you are responsible for sending that amount to the IRS. Form 941 is used to report the amount withheld from your employees during the quarter and to pay the employer’s portion of social security and Medicare Tax to the IRS.

How Do I File Form 941

Simply head to our IRS-authorized sister company, TaxBandits to quickly and easily knock out your Form 941 online! It’s easy, It’s easy, all you have to do is create your free account and follow the step-by-step e-filing guide to complete your form and transmit directly to the IRS! in a matter of minutes.

Also, we’re here to help. If you have any questions please don’t hesitate to contact the dedicated, US-based TruckLogics support team. We’re available on the phone Monday – Friday from 9 AM to 6 PM EST at 704.234.6946. You can also reach us via live chat and take advantage of our 24/7 email support at [email protected].

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