Q3 Form 941 Filing: TaxBandits’ Spine-Tingling Solution for Businesses

The Q3 941 deadline is eerily close, here is an overview of TaxBandits features that can help your file in no time!

Stephanie Glanville | October 20, 2023 | Read time: 5 minute(s) | Deadline, Form 94x Series, Payroll Forms, Small Business | No Comments

Spooky season is in full swing and Halloween is nearly here! However, that’s not all, the Form 941 deadline for the third quarter of 2023 is also creeping up on us. Facing the specter of IRS filing requirements may be daunting, but no fear, TaxBandits is here to help businesses fight their fear and file with ease this quarter.

Just like the creaking door of a haunted mansion, Form 941 has the ability to keep you up all night with worry. However, with the tools and timelines in this article, you are on track to meet the deadline on October 31st!

Without further ado, let’s embark on this eerie filing journey together!

Don’t let Required 941 Attachment Forms Haunt You!

A Form 941 without the correct, required 941 attachments just won’t do. The lack of accurate reporting information will likely come back to haunt your business in the form of potential IRS penalties.

That’s why TaxBandits doesn’t stop at just Form 941; we support various attachment forms associated with quarterly 941 filings. These include:

941 Schedule B: Required by all business entities that operate on a semi-weekly deposit schedule. You can learn more about deposit schedules and tax liability here.
Form 8974: Required by businesses planning to claim the Qualified Small Business Payroll Tax Credit for Increasing Research Activities.
Form 941-V (Payment Voucher): Necessary for businesses planning to mail a check or money order to the IRS based on their 941 reporting.

By including these forms in the filing fee, TaxBandits ensures that clients have all the tools they need for comprehensive and compliant filing.

Banish Scary Manual Calculations

TaxBandits takes the struggle out of filing the quarterly Form 941 by handling many of the calculations throughout the filing process. This means that clients can rely on the platform to generate correct amounts based on the information they provide.

Reduce the Terror of Filing Errors

To further enhance form accuracy and reduce errors, TaxBandits incorporates a built-in Audit Feature that employs IRS Business Rules to check forms for basic errors before transmission. Clients also receive status notifications via email and directly within the application once the form is submitted to the IRS.

Enchantingly Easy E-Signature Options

TaxBandits simplifies the e-signature process for clients with two straightforward options. Clients who have received the 94x Online Signature PIN from the IRS can utilize it for electronic signatures on Form 941.

For those without an Online Signature PIN, TaxBandits allows e-signing using the 8453-EMP. Additionally, clients can request a complimentary IRS Online Signature PIN through TaxBandits, offering flexibility in the e-signature process. However, this process can take the IRS about 45 days to complete, so we suggest making the request from TaxBandits well in advance of the next quarterly deadline.

Hauntingly Helpful 941 Filing Insights

TaxBandits has concocted a complete collection of information to help you tackle every tax form we support, including Form 941! Be sure to check out our blog, YouTube channel, and knowledge base for the “how-to’s”, filing instructions, and IRS insights for accurate filings. Additionally, TaxBandits offers excellent customer support. Our team is available to assist you during the filing process as needed. We’re available by phone, email, and live chat!

Looking for more information on the different 941 filing requirements across different industries? Be sure to check out this blog on the trucking industry, this blog on the beauty industry, or this one for boutiques.

Ready to start filing your 941 Form for Q3?