Form 941 Update for 2025

The form 941 is an essential form for all employers that pay employees and withhold federal and FICA (Social Security and Medicare) taxation. In recent years several changes to the 941 forms have made it difficult to understand. The importance of reconciliation and completion of not only Form 941 but Schedule B is becoming increasingly important for employers to avoid costly disputes with the IRS resulting in penalties and interest.

Staying compliant with quarterly payroll tax reporting is crucial to avoiding costly penalties.

This webinar offers a line-by-line walkthrough of Form 941, covering the latest updates, common IRS errors, and filing best practices. Learn the importance of Schedule B, authorized signers, and proper filing procedures, including claiming COVID-19 credits in 2025. 

Ensure your organization remains compliant and up to date with the latest federal tax rules!

• Be able to better understand line by line of the Form 941.
• Understand details around updates to Form 941 and review common errors as reported by the IRS.
• Review of Schedule B and the importance of completing correctly
• Review of who should sign the Form 941
• Filing the Form 941 when taking the COVID-19 credits in 2025

• 941 Basic Requirements
• Reporting Requirements
• 941 Due Dates
• Electronic Filing
• Signing Requirements
• Line-by-line review including new tax credit lines
• Schedule B requirements and tips
• Reconciliation of Form 941 and W-2s at year-end

IRS Form 941 is a critical payroll tax document used to report federal income tax, Social Security, and Medicare tax withheld from employees' wages each quarter. The IRS frequently updates requirements, and employers must stay informed to ensure proper payroll tax compliance. With potential regulatory changes in 2025, understanding the latest filing rules, credits, and deposit schedules is essential for businesses to avoid audits and fines.