IRS releases rules for filing, reproducing substitute forms 941

The IRS has provided the general rules and specifications for reproducing paper and computer-generated paper substitutes of Form 941, Employer’s QUARTERLY Federal Tax Return, Schedule B, Report of Tax Liability for Semiweekly Schedule Depositors, Schedule D, Report of Discrepancies Caused by Acquisitions, Statutory Mergers, or Consolidations, and Schedule R, Allocation Schedule for Aggregate Form 941 Filers. Employers should follow the specifications as set forth. (Rev. Proc. 2016-16, IRB 2016-10 (reprinted as Publication 4436), March 7, 2016.)

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