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Payroll Week: May 31 to June 6

May 29, 2020, 5:35 PM

Withholding and paying federal employment taxes and filing reports to the Internal Revenue Service are among the many critical duties of payroll professionals. The following are employer responsibilities regarding payroll compliance for the next week:

June 3, 5: Semiweekly depositors—Deposit Social Security, Medicare, and withheld federal income taxes.

Webinar, June 10: Coronavirus Response: Exploring the Expanded Form 941. The IRS plans to require employers to file an expanded Form 941 starting with the second quarter of 2020. The revised form is to be three pages, up from two, to accommodate about 20 new lines for reporting information related...

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