Stress-Free 940, 941 & TWC Reporting in Houston

Payroll taxes are complex, and the penalties for mistakes are steep. Let our experts handle your quarterly Federal and State unemployment filings so you stay compliant and avoid IRS notices.

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Houston Small Business Payroll Compliance: File 940, 941 & TWC Reports on Time

As a Houston, TX small business owner, filing quarterly 940 and 941 federal reports along with the annual TWC report is essential to remain compliant and avoid penalties.

940 Report
A quarterly federal unemployment tax return that tracks employee wages and FUTA rates to ensure proper tax contributions.

941 Report
A quarterly return for Social Security and Medicare withholdings, calculated using current payroll records and tax rates.

TWC Report
An annual Texas Workforce Commission filing that reports employee counts and classifications for state unemployment insurance taxes.

Precise, timely filing is the best way to keep your business penalty-free. For expert assistance with these requirements, reach out to Molen & Associates today.

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Why Trust Molen & Associates with Your Payroll Taxes?

Protecting You From Personal Liability

Payroll taxes are one of the few areas where business owners can be held personally liable for unpaid or misfiled taxes. We take this responsibility seriously, ensuring your 941s and 940s are accurate to protect both your business and your personal assets.

Local Experts for Texas Rules

Dealing with the Texas Workforce Commission (TWC) requires specific local knowledge. We understand state-specific unemployment rates and reporting requirements, ensuring you aren’t overpaying or underreporting to the state.

Transparent, Quarterly Pricing

You shouldn’t have to guess what it costs to stay compliant. We offer clear, flat-rate pricing for preparing and filing your quarterly and annual reports. No hourly billing surprises—just reliable service that fits your budget.

What You Can Expect

Never Miss a Quarterly Deadline

The IRS and TWC do not accept excuses for late filings. We maintain a rigorous schedule to ensure your 941s and TWC reports are prepared, reviewed, and filed well before the due dates, keeping your account in good standing.

Accurate Calculations

Payroll math can be tricky, especially when tax rates or employee caps change. We double-check your data to ensure your Social Security, Medicare, and Unemployment tax calculations are precise, preventing costly amendments later.

Audit & Notice Support

If you receive a confusing letter from the IRS or the State regarding payroll taxes, you don’t have to panic. We review the notice, explain what it means in plain English, and help you resolve the issue quickly and professionally.

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Who We Serve

  • Self-Employed & Side Hustlers
    Realtors, law enforcement, rideshare drivers, and anyone with 1099 income—this is our specialty. We’ll help you track expenses, reduce taxes, and stay compliant.

  • Small Business Owners
    From LLCs to S Corps, we’ve filed thousands of business returns. We know the difference between a missed deduction and a strategic tax plan—and we’re here to make sure you get the latter.

  • W-2 Employees with Complex Returns
    Have investment income, rental properties, or stock options? We’ll guide you through what applies and ensure it’s all reported accurately.

What Makes Molen & Associates Different?

We Treat You Like Family

You’re not a file number—you’re a person with goals, responsibilities, and a life you care about. We take the time to understand your story and tailor our advice accordingly.

We Educate, Not Just Calculate

We explain why we’re doing what we’re doing. Expect clear, plain-English explanations—not tax code gibberish.

Year-Round Support

Tax questions don’t start and end in April. You’ll have access to our team all year long, with no extra charge for emails or quick calls.

Proven Track Record

With over 10,000 tax returns filed and a 98% client satisfaction rating, we’ve helped save Houston taxpayers over thousands. Our Google reviews say it all—clients trust us with their returns year after year.

High-Income Phaseouts

See What Our Clients Say

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Frequently Asked Questions

Get clear answers to common questions about our tax preparation services.

What is the difference between Form 941 and Form 940?

Form 941 is the quarterly federal tax return where you report income taxes, Social Security, and Medicare taxes withheld from your employees’ paychecks, along with the employer’s portion of those taxes. Form 940 is the annual federal tax return filed specifically for the Federal Unemployment Tax Act (FUTA) tax. You generally need to file both to stay compliant.

What is TWC reporting and does every Texas business need to file it?

TWC stands for the Texas Workforce Commission. If you have employees in Texas, you are generally required to file a quarterly report detailing the wages paid and pay state unemployment taxes on those wages. Even if your tax rate is low, failure to file these quarterly reports can lead to significant penalties and interest from the state.

When are these payroll tax reports due?

Form 941 and TWC reports are due quarterly: April 30th, July 31st, October 31st, and January 31st. Form 940 is an annual form due by January 31st. Molen & Associates tracks these deadlines for you to ensure your reports are submitted on time, every time, preventing late fees.

I didn’t pay any wages this quarter. Do I still need to file?

Yes. If you have an active payroll account with the IRS or TWC but paid $0 in wages for a specific quarter, you typically still need to file a “zero return.” If you simply stop filing, the government assumes you are delinquent and may assess penalties based on estimated wages or close your account, causing administrative headaches later.

Can you prepare these forms if I calculate the payroll checks myself?

Yes, provided your records are accurate. We can take the payroll data you have tracked (gross wages, withholdings, dates paid) and prepare the official government forms for you. However, to ensure total accuracy, many clients prefer to have us handle the payroll setup and calculations from the start.

45+

Years of Experience

10,000+

Returns Prepared

98%

Client Satisfaction

1000s

Happy Clients

Why Choose Molen & Associates?

Professional tax preparation that delivers real results for Houston residents and businesses.

Maximize Deductions

We identify every eligible deduction to ensure you pay the lowest amount legally possible.

Save Time

Let our experts handle the complexity while you focus on what matters most.

Audit Protection

Rest easy knowing your return is prepared accurately. We can even help with full audit support.

Personalized Service

Work directly with experienced Advisors who understand your unique situation.

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Year-Round Support

Access to tax professionals whenever you need guidance, not just during tax season.

Proven Expertise

Decades of experience serving Houston residents and businesses. We’re just a phone call away!

Request an Appointment Today

Fill out the form and our team will contact you as soon as possible.

Ready to File with Confidence?

Tax season doesn’t have to be stressful. Whether you’re filing for the first time, managing a complex return, or just tired of doing it alone—our team is ready to help.

Let Molen & Associates take tax prep off your plate—so you can focus on what matters most.

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Save Your Time

Save Your Dime

Get Peace Of Mind

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