factual

When is the deadline for an All Team franchisee to submit copies of 941 tax forms?

All_Team Franchise · 2025 FDD

Answer from 2025 FDD Document

Within forty-five (45) days after the end of each quarter, copies of 941 (or successor forms) tax forms that are required to be filed with the Internal Revenue Service.

Source: Item 22 — CONTRACTS (FDD pages 33–34)

What This Means (2025 FDD)

According to All Team's 2025 Franchise Disclosure Document, franchisees must submit copies of their 941 tax forms to All Team Franchise Corporation within 45 days after the end of each quarter. These forms, or their successors, are those required to be filed with the Internal Revenue Service.

This requirement ensures that All Team receives timely updates on the franchisee's tax compliance and financial performance. The reports furnished must be prepared and certified by a professional accountant or an independent certified public accountant, following generally accepted accounting principles. The franchisee must also certify that the reports are true, complete, and correct in all material respects, accurately presenting the agency's financial condition and operational results for the covered period.

However, the franchisee is not obligated to disclose confidential tax returns if such disclosure would violate applicable state law. All Team also retains the right to request other reports or records as needed, as specified in the Confidential Operations Manual or in connection with the Franchise Agreement. Franchisees must maintain all records for at least four years following the end of each calendar year, and All Team may conduct audits of these records periodically.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.