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Payroll Week: July 12 to July 18

Paying federal employment taxes and filing reports to the Internal Revenue Service are among the many critical duties of payroll professionals.

IRS Issues 2020 Draft Form 940 and Schedule A for Puerto Rico

Draft versions of the 2020 Form 940-PR, Employer’s Annual Federal Unemployment Tax Return, and the Form 940-PR Schedule A, Multi-State Employer and Credit Reduction Information, for Puerto Rico were released July 7 by the Internal Revenue Service.

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