IRS Help

IRS Form 944 is not a well-known form. Many small business owners struggle to understand which payroll form they must file and when and need IRS help. There are many different employment tax forms and small business owners often find it difficult to ascertain which of the many forms apply to their specific circumstances. Luckily, there are tax professionals that can help with these and other tax-related concerns.

IRS Form 944 is an annual employment return. This form is filled out and filed by employers only once a year. It is designed so that employers whose annual liability for social security, Medicare and withheld federal income taxes is $1,000 per year or less can file and pay these taxes only once a year.

How do you know if you are required to file IRS Form 944? In most cases, the IRS will notify you if your business should be filing IRS Form 944. They usually send notification if the amount owed in employment taxes over the course of the previous year was less than $1,000.

What if you see that you owed $1,000 or less last year in employment taxes but the IRS has not notified you that you can file IRS Form 944? As a small business owner, you can also call the IRS and request that they change the employment filing requirements that they have on file for you so that you may file IRS Form 944. You have to call them between January 1st and April 1st of the tax year in which you want to change your businesses filing requirements.

If it is determined that your business should file an annual employment tax return, IRS Form 944 must be filed by January 31st of each tax year. When you file IRS Form 944, you have to pay the entire amount of the accumulated liability with the return.
If you own a small business with little or no wages paid to employees each month, IRS Form 944 will reduce the burden of having to report and submit tax withholdings and payments to the IRS on a monthly basis. You will no longer have to worry about filing an employment return each quarter and will only have to file your employment return once a year. Visit the IRS website to download IRS Form 944 or contact a professional tax company like Community Tax for help or questions.