941 Form Definition

Bookmark and Share

941 Form is the U.S. IRS Employers Federal Quarterly Payroll Tax form.

Learn new Accounting Terms

STOCK TURNS is the number of times per year that the stock (raw material, wip & finished goods) is turned over in relation to the sales revenue of a given product. Calculation - Stock turns = Sales turnover of products / Value of raw material, wip & finished goods.

DUTY is a tax imposed by a customs authority on imported goods. Often used interchangeably with the term "tariff."

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.