Form 941 is used to report income taxes, payroll taxes, Social Security, and Medicare taxes withheld from employee wages. Most employers who pay wages file Form 941.
In an executive order, President Donald Trump outlawed paper checks in favor of going all in on electronic payments.
Tips are considered taxable income, and individuals are required to report them on their federal income tax return or suffer ...
Effective Sept. 30, 2025, the order directs the Treasury Department, which includes the IRS, to stop issuing paper checks for ...
President Trump signed an executive order forcing the federal government to phase out paper check disbursements by the fall.