Employer Taxes and Tax Forms VideosPayroll tax management can be a daunting task for small business owners. FUTA, SUI, Form 940, Form 8109 — unless you have a payroll service that handles your tax management, these are terms you'll need to know, or you’ll risk facing IRS penalties. In these Small Business Video Minutes, SurePayroll President Michael Alter helps you understand a few complex tax issues and forms. All Employer Taxes and Tax FormsEmployees vs. Contractors: What are your Company's Tax Liabilities?SurePayroll President Michael Alter explains that there is a difference between employees and independent contractors. He discusses how you must handle taxes for each type of worker in order to be in compliance with IRS regulations. Getting Your Credit Out of FUTA SurePayroll President Michael Alter explains the Federal Unemployment Tax Act (FUTA), including the percentage of taxable wages employers are required to pay and the Form 940 you will need to file in order to avoid IRS notices or penalties. What You Need to Know about SUI Rates SurePayroll President Michael Alter discusses State Unemployment Insurance (SUI) and explains how to keep your SUI rate low. Form 940 Employer Annual Federal Unemployment SurePayroll President Michael Alter explains Form 940, used to report an employer's annual Federal unemployment tax liability, and lets you know whether your business needs to file one. Form 941 SurePayroll President Michael Alter talks about Form 941, the Employer's Quarterly Federal Tax Return. Form 944 SurePayroll President Michael Alter discusses Form 944, a tax form used exclusively by businesses with very low federal tax liability as a replacement for the quarterly Form 941. Form 8109 SurePayroll President Michael Alter explains Form 8109, which businesses with tax liability under $200,000 per year can use to make their regular federal tax deposits. SurePayroll, Inc. and subsidiaries assume no liability and make no warranties on or for the information contained in these videos. The information presented is intended for reference only. Consult a professional tax, payroll, compliance, labor law or other advisor to verify this information.
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