Form 941 & Schedule B for 2026: Avoid IRS Notices, Penalties and Filing Errors

Overview:

This webinar covers the IRS Form 941 and its accompanying Form Schedule B for 2026. It discusses what is new for this version as well as the requirements for completing each form line by line. It includes the filing requirements and tips on reconciling and balancing the two forms. The webinar also covers the forms used to amend or correct the returns.

Form 941 is the link between your payroll records and the IRS tax records. Proper administration of this vital form is critical if you want to avoid IRS Notices and the penalties and interest that accompany them. Schedule B is also a crucial form for many employers. The IRS demands that the Form 941 and the Schedule B match to the penny…every single time…without fail!

It has always been a requirement that Forms 941 be reconciled with Forms W-2 prior to submitting each form. If the employer fails in this reconciliation, the IRS and Social Security Administration can both assess penalties! This reconciliation has become even more critical these past few years.

This Presentation will cover:

Line-by-line review of the 2026 Form 941
Tips for completing the Schedule B—liability dates vs. deposit dates
Tips to balance Form 941 and Schedule B to the penny—as required by the IRS
Form due dates • Who should sign the Form 941
Reporting third-party sick pay, group term life insurance, and tips correctly
How to reconcile the Forms 941 with the Forms W-2
What to do if you discover an error in deposits for the quarter when completing the Form 941
Using the 941X form to correct the Form 941

Prerequisites and Advanced Preparation

No Advanced Preparation or Prerequisites are needed for this course.

Learning Objectives

Explore the requirements for completing and filing the Form 941
Discover how to properly complete and reconcile the Schedule B
Recognize the requirements for completing and filing the Form 941-X

Ask your question directly from our expert during the Q&A session following the live event.

Speaker

Vicki M. Lambert

Vicki M. Lambert, CPP, is President and Academic Director of The Payroll Advisor™, a firm specializing in payroll education and training. The company’s website www.thepayrolladvisor.com offers a payroll news service which keeps payroll professionals up-to-date on the latest rules and regulations.

With 40 years of hands-on experience in all facets of payroll functions as well as over three decades as a trainer and author, Ms. Lambert has become the most sought-after and respected voice in the practice and management of payroll issues. She has conducted open market training seminars on payroll issues across the United States that have been attended by executives and professionals from some of the most prestigious firms in business today.

A pioneer in electronic and online education, Ms. Lambert produces and presents payroll related audio seminars, webinars and webcasts for clients, APA chapters and business groups throughout the country. Ms. Lambert now presents a weekly podcast, Payroll 24/7, on all things payrolls.

Certification

Pedu is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for 1.5 PDCs for the SHRM-CPSM or SHRM-SCPSM. For more information about certification or recertification, please portal.shrm.org.

This Program has been approved for 1.5 HR (General) recertification credit hours toward aPHR™, aPHRi™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™, and SPHRi™ recertification through HR Certification Institute®? (HRCI®).

Pedu Courses and Webinars or any Education published “Articles & Materials” strictly follow the standards and guidelines of the Professional Credit / CEU Providers and are well-researched before publishment.

Pedu doesn’t support any Fake – News, Articles, or Compliance updates; Our Industry Experts are highly verified and recognized, and their Pre-publishment is verified via our experts and fact-checkers.

FAQ's

How do I get enrolled for this webinar/course?

Sign up now on pedu.io. Visit pedu.io to discover a wide range of webinars from industry specialists. Tick on either ‘live webinar’ or ‘on-demand’, and simply click on ‘buy now’ to get enrolled.

Can I get somebody else enrolled for this course? If yes, how?

You can refer Pedu to anyone in your social circle. Explore your industry with your colleagues by getting them signed up on pedu.io today!

How can I access the live webinar?

Go for the topic of your keen interest on pedu.io. Tick on ‘live webinar’ and get enrolled! Easy registration, transparent transaction.

Can I attend the webinar without an internet connection?

You can request for an on-demand webinar that records the live webinar for you. After the webinar ends, you will have full access to the webinar’s recording.

What is an “On Demand”?

If you can’t attend the live webinar, simply go for the ‘on-demand webinar’ for the same price! Now, the live webinar recording will be saved in a cloud storage for you to access anytime from anywhere.

Will the transcript be a hard-copy or a soft-copy?

Pedu offer only soft copies of the webinars. It contains all the highlights as well as comprehensive descriptions of the webinar, so you never miss out a single detail.

Can I ask question(s) to the speaker?

At the end of each webinar, you have the opportunity to interact with your industry experts, where you will get answers to all your queries.

I missed the live webinar. What now?

Don’t worry, If you can’t join live webinar. Pedu has automatically send you On Demand on your registered mail id after conducting live webinar. So, you never miss out a single detail.