IRS Tax Filing Made Easy: New TaxBandits Features for Effortless 941 Filings

Learn about the new features for Q3 941 filing that will save you time this quarter!

The deadline for filing Form 941 Q3, 2024 is nearing, and it’s time for tax professionals and business owners to prepare, file, and submit the quarterly tax forms before the deadline.

For this tax season, TaxBandits has been upgraded with several new features. By taking advantage of these time-saving features, you can file your tax returns quickly and efficiently, giving you more time to focus on other aspects of your business. 

TaxBandits Exclusive Features for Filing Form 941 Q3, 2024

Based on your feedback and our commitment to simplifying the filing process, TaxBandits has introduced several new features for filing Form 941 for Q3, 2024. Here’s a glimpse of what’s new this season.

Effortless Zero Reporting

Zero-reporting is one of the exclusive features of TaxBandits. If you have no taxes to report or haven’t paid any wages to the employees in the current quarter, then there will be no taxes to report in Form 941. In such cases, the IRS requires you to file ‘zero taxes’ using Form 941. This process is simplified with TaxBandits; you can file your zero taxes in a single click.

Seamless Signature Process (Exclusive for Tax Professionals)

TaxBandits has introduced the ‘Multi-e-sign’ feature, designed especially to simplify the signature process for tax professionals managing a large volume of 941. 

  • Send multiple e-sign requests: You can send 8453-EMP e-sign requests to multiple clients in a single click.
  • Sign multiple returns at once: Once the client has signed Form 8453-EMP, you can sign them all at once with the click of a button.

Manage Your 941 Balance Due with Multiple Payment Options

The balance due is the amount you owe to the IRS after reconciling the tax liabilities and deposits for the quarter. With TaxBandits, you can pay your 941 due with ease.

  • Credit/debit card – TaxBandits, partnered with ACI Payments, allows you to make instant and secure payments using a credit or debit card.
  • EFTPS – If you’re a business owner, you can effortlessly pay your tax due directly from your TaxBandits account through our integrated EFTPS (Electronic Federal Tax Payment System) solution. 

Note: If you are a tax professional and choose EFTPS, then it is your responsibility to send payments to the IRS. 

  • Electronic Funds Withdrawal – If the balance due is less than $2500, you can choose the EFW (Electronic Funds Withdrawal) option and provide your bank account. The IRS will automatically debit the tax payment from the provided bank account.

Note: If you prefer to make tax payments via check or money order, you can follow the instructions provided here.

Simplified 941-X E-Filing for Quick Corrections

Form 941-X e-filing is now available with TaxBandits. If you have made errors in the previously filed 941 tax return, you can now amend it by electronically filing Form 941-X with TaxBandits. One thing to remember is that you must file a separate Form 941-X for each quarter. 

Create Your TaxBandits Account Today!

These are some of TaxBandits’ exclusive features that streamline the 941 Q3, 2024. TaxBandits also has various other intuitive features, such as bulk upload, built-in error check, copy return, and more. Take advantage of these tailored features and file your 941 tax returns now with TaxBandits.

Create a TaxBandits account and begin filing with TaxBandits!

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