941 federal tax deposits are paid through the Electronic Federal Tax Payment System (EFTPS), required for companies with over $50,000 in employment taxes in a calendar year, as required by the North American Free Trade Agreement (NAFTA). These include taxes reported on form 940, 941 and 943. Also included electronically are forms 720, 945, 990-C, 990-PF, 990-T, 1042, 1120 and form CT-1. All state and federal unemployment taxes are paid on a monthly or quarterly basis, as required. These returns are balanced, reconciled, signed and filed with the appropriate parties. The W-2′s are sent to the Social Security Administration. Take full advantage of our electronic tax services.