News & Updates

Employers urged to electronically file payroll tax returns by Oct. 31

While paper filing is available, the IRS strongly encourages e-filing. E-filing is the most secure, accurate method to file returns and saves taxpayers' time.

E-filing is easy with auto-populating forms and schedules with a step-by-step process that performs calculations for the employer.

The IRS acknowledges receipt of e-filed returns within 24 hours, giving taxpayers reassurance that their return was not misplaced or lost in the mail. E-file users also receive missing information alerts.

Two options to electronically file payroll tax returns

Employers can choose to self-file by purchasing IRS-approved software that meets their specific needs. There may be a fee to electronically file returns through the software, and the software will require a signature to e-file the returns.

Depending on the software they choose, taxpayers will have one or both of the following options:

The second option for employers is to hire a tax professional to prepare and file their employment tax returns. Taxpayers can use the Authorized IRS e-file Provider Locator Service to find a tax professional who can file on behalf of the business.

For more information on electronic filing of payroll tax returns, see the E-file Employment Tax Forms page.

Read Full Article at IRS.gov ↗
back to all news

Important Updates

401(k) limit increases to $23,500 for 2025, IRA limit remains $7,000

The Internal Revenue Service announced today that the amount individuals can contribute to their 401(k) plans in 2025 has increased to $23,500, up from $23,000 for 2024.

read more

IRS releases tax inflation adjustments for tax year 2025

The Internal Revenue Service announced today the annual inflation adjustments for tax year 2025.

read more

IRS provides Hurricane Milton relief; May 1 deadline now applies to individuals and businesses in all of Florida; many businesses qualify for deposit penalty relief

Due to Hurricane Milton, the Internal Revenue Service today announced relief for individuals and businesses in 51 counties in Florida.

read more