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Form 941 Quarterly Federal Tax Return

New developments at a glance––

IRS sends employers erroneous notices [e-News for Small Business, Issue 2009-21]:  Employers filing the paper Form 941, Employer's Quarterly Federal Tax Return, may have received CP207/207L notices that were sent in error, IRS announced.  According to the agency, during the scanning process, not all the information was collected on the Schedule B, Report of Tax Liability for Semiweekly Schedule Depositors, attached to the Form 941. This resulted in a “significant number” of CP207/207L notices to be mailed in error, IRS said, adding that the problem has been corrected. The agency has requested that employers who received the erroneous notices resubmit the appropriate Schedule B together with the notice to IRS “as soon as possible to avoid additional erroneous notices.”  Link to article on IRS website:  http://www.irs.gov/businesses/small/article/0,,id=213913,00.html