CPEO's and Section 3504 reporting agents are required to attach Schedule R (Form 941) to the aggregate Form 941. Schedule R simplifies the aggregate reporting process by allocating aggregate wages reported on Form 941 to each of their clients.
Generally, CPEO's are required by the IRS to file their Schedule R electronically and can file the returns listed on Form 8973. Also, Section 3504 Agents can file the returns listed on their Form 2678 appointment.
Aggregate filers can use their own EIN to file a single Form 941 for all their clients with Schedule R along with their respective wage and tax liability information for the tax period.
January - March
April - June
July - September
October - December
The IRS requires an e-signature to complete Form 941. This is to authorize that the person filing federal taxes is either you or someone that you have authorized to file for you. You can e-sign Form 941 with your online signature PIN or by using Form 8453-EMP.
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Generally, the CPEO is solely responsible for paying the client's employment taxes, filing returns, and making deposits and payments for the reported taxes. IRC Section 3504 Agents and their clients are both responsible for paying their employment taxes, filing returns, and making deposits and payments for the reported taxes.
Late deposit penalty amounts are determined using calendar days, starting from the due date of the liability.