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What is the timely compensation deduction?

April 26, 2017compensation deduction timely

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What is the timely compensation deduction?

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Employers who are not government agencies or political subdivisions may take a deduction if their withholding tax return (Form MO-941) is timely filed and timely paid.

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Employers who are not government agencies or political subdivisions may take a deduction if their withholding tax return ( Form MO-941 pdf file ) is timely filed and timely paid.