This was hard to believe.
The IRS put out a memo and said that rounding to the nearest dollar
on Form 941 is not allowable.
Neither the form nor instructions permit rounding. And
the law gives filers the option to report in cents on all tax forms, so IRS
can’t remove the cents column. Employers will have to keep reporting their
payroll tax liability to the penny.
Keep track of your 'cents'...
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