W-2 Filing Available for All Businesses and Individuals
We are pleased to announce that all businesses and individuals can now file W-2 forms with Zenwork. If you previously received a letter from the Social Security Administration (SSA) regarding electronic wage report submissions, please note that the issue has been fully resolved. Our systems are fully operational, and we are processing W-2 and W-2C filings without any disruptions.
Thank you for your continued trust!
1099 Forms
Payroll Forms
STOCK OPTIONS
WAGE TAX FORMS
FORM 592-B
Tax Exempt Forms New
ACA FORMS
1098 FORMS
480 FORMS
Extension Forms
Form 8027
Form 8955-SSA
1042 FORMS
5498 Forms
STATE FILINGS
STATE Payroll Forms
STATE ONLY FILING
WEST
MIDWEST
SOUTH
NORTHEAST
File multiple returns through bulk upload and import data directly via QuickBooks, Xero, etc.
Manage multiple clients with a single sign-on and reduce operation workload with Tax1099.
Create, validate, schedule, and deliver forms effortlessly from a single platform.
Manage W-9, 1099-NEC, and other IRS forms for gig workers with our intuitive platform.
Verify Payees/Merchants with real-time TIN Matching and efile in bulk with our API.
Import and organize your trading data with our real-time data management.
TAX FORM FILING
Data Import & Management
USER & WORKFLOW MANAGEMENT
Validation & Checks
PRINT & DELIVERY
COMPLIANCE & security
ADDITIONAL FEATURES
Integrations
Check out our Product Tour for a smooth Tax1099 experience!
Acquire the help required from our support.
Visual guides to help you work with Tax1099
Explore industry insights & latest updates
Stay up to date about latest IRS updates.
Read the real-life success stories of our users.
The A-Z list for tax-related terms & definitions.
Detailed guides for smarter tax compliance.
Listen to thought-provoking insights and discussions with experts.
Tools
Understand and comply with the new business Owners information reporting requirements.The Corporate Transparency Act (CTA) is a new law requiring U.S. businesses to report information about their beneficial owners. The goal is to increase transparency and prevent financial crimes like money laundering and tax evasion. If you manage a business in the U.S., it’s crucial to understand the CTA FinCEN BOI Reporting and comply.
A groundbreaking law for business transparency and accountability.The Corporate Transparency Act (CTA) is a key piece of legislation designed to combat financial crimes such as money laundering, tax evasion, and terrorism financing. Enacted by Congress, the CTA mandates that most U.S. businesses disclose detailed information about their beneficial owners. This law is aimed at increasing transparency in business operations and creating a national registry of beneficial ownership information, managed by the Financial Crimes Enforcement Network (FinCEN).
The CTA was introduced as part of a broader effort to prevent the misuse of anonymous shell companies for illegal activities. Historically, individuals have used these entities to hide their involvement in financial crimes. By requiring companies to report their beneficial ownership, the government aims to increase corporate accountability and provide law enforcement agencies with the tools they need to track down illicit activities.
Learn if your business is required to report.
Any domestic or foreign business entity operating in the U.S. that falls under the reporting criteria must file their beneficial ownership information with FinCEN. Specifically, companies formed by filing a document with a Secretary of State or a similar office must comply, including corporations, limited liability companies (LLCs), and similar entities.
Certain businesses, such as large corporations or those heavily regulated, may be exempt from reporting under the CTA. However, most small and medium-sized businesses are required to comply.
Businesses must report key information about their beneficial owners, including:
Additionally, companies must provide information about the company applicant – the individual who files the company’s formation documents.
Explore more on BOI Reporting requirements
What Happens if You Don’t Comply? Failure to comply with the CTA’s reporting requirements can result in severe penalties. Fines and possible criminal charges may be imposed on those who fail to report or provide false information. Penalties can reach up to $500 per day for non-compliance and criminal penalties may include fines up to $10,000 and imprisonment. What Happens if You Don’t Comply? To ensure compliance with the Corporate Transparency Act, it is essential for businesses to stay informed about the reporting requirements and deadlines. Partnering with a reliable FinCEN filing platform like Tax1099 can help streamline the reporting process. With secure filing options, comprehensive reporting tools, and a user-friendly interface, Tax1099 offers a seamless way to manage your CTA compliance obligations. Get Started Today
Designed for ease, security, and compliance.
Corporate Transparency Act FAQs
What does beneficial owner mean? A beneficial owner refers to a person who has at least 25% of the share in a business entity or exercises a substantial influence in the entity.
Consequences: What happens if I don’t comply? Failure to do so attracts civil penalties of amounts not more than five hundred dollars for each day of non- compliance and criminal penalties including a fine not exceeding ten thousand dollars or imprisonment for a term not exceeding two years.
Is there any exception to this? Of course, the corporations that are in the process of floating their securities are relieved from filing and some of the government entities.
To what extent is the filing system protected? The system is built-in with high protocol security so as to guarantee the security of any delicate information entered.
In situations when ownership changes, what would be the effect? You have to notify the Commission within 30 days of change of ownership.
Ensure your business is compliant with the Corporate Transparency Act. Avoid penalties and stay ahead of the game. Start Your Filing Today