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are these TRUE OR FALSE 1. Knowing which small business IRS forms to fill out may be one of the most difficult parts of running

are these TRUE OR FALSE

1. Knowing which small business IRS forms to fill out may be one of the most difficult parts of running your payroll program.

2. Report the employment taxes you withheld and contributed to each quarter. Report these tax payments on Form 940.

3. Form 941 is the Employers Annual Federal Unemployment Tax Return.

4. Form W-2 reports taxes you withheld from employee wages to the government.

5. Form W-3 is a transmittal form that summarizes all your Forms W-2.

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