Critical Thinking c1 6-1 Examine Quarterly State Payroll Forms As you learned earlier in the chapter, Form 941 is completed by employers on a quarterly basis and submitted to the federal government. Most employers will similarly submit quarterly payroll forms to their respective states. It is important to examine the quarterly forms for your state, as the formats (and information required) are different from one state to another. In this exercise, you will use the Internet to locate and review the quarterly payroll forms for your state. Start by searching for the state payroll forms that apply to your state. Keep in mind that although a number of states do not levy an income tax on employees, they still require that quarterly forms be submitted. One reason for this is that state unemployment tax must still be remitted in these states. Once you have located the forrn(s), write a paragraph of at least ve sentences in which you discuss both the gures required on the form and the differences between the state forms and Form 941. Submit your nal le based on the guidelines provided by your instructor. CT 6-2 Review the Electronic Federal Tax Payment System The federal government strongly encourages the use of the Electronic Federal Tax Payment System (EFTPS). In comparison with the paper-based system that has traditionally been used, the EFTPS is far more efficient for the government, which is why its use is encouraged. However, the system also offers a variety of benefits to the employer. In this exercise, you will use the Internet to examine the different uses of the EFTPS and the variety of ways that it can benefit the user. Begin by navigating to the EFTPS website (the URL was provided earlier in the chapter) to learn more about the system and then search the Internet to discover ways in which the EFTPS proves to be beneficial to employers. Write a paragraph of at least six sentences in which you first describe the various uses of the EFTPS and then discuss how it provides benefits to the user. Be certain to focus on benefits yielded to the employer and not to the government. Submit your final file based on the guidelines provided by your instructor