IRS Updates Final IRS E-Filing Regulations That Your Business Needs to Know The IRS has updated its filing procedures, implementing new regulations that mandate electronic filing for various returns. Under the Taxpayer… Read More March 20, 2024
Forms What is IRS Form 1042-S? A Quick Guide on how to file Form 1042-S Preparing a 1042-S is challenging, and the stakes get even higher if there are incorrect filings, leading to penalties, fines,… Read More March 1, 2024
Forms Employer’s Guide to Manage Affordable Care Act Reporting Requirements (ACA Forms) for 2026 A skimming of recent headlines suggests that the ACA is not only doing what it was intended to do—increase access… Read More February 23, 2024
Forms ACA Form 1095-B/C Reporting Deadline, Penalties, and Extension for 2026 According to section 6056, each year, applicable large employers are required to file Form 1095-C with the IRS and provide… Read More February 20, 2024
IRS Electronic Tax Payments Federal Tax Payments 2024: How and When to Pay Them? How can Tax1099 help you? If you think you’ll have a balance due this year, Tax1099’s IRS Federal Tax Payment will help alleviate the time… Read More February 19, 2024
Updates Understanding the Tax Relief for American Families and Workers Act of 2024 On January 19, 2024, there was a notable display of bipartisan cooperation as the Ways and Means Committee gave its… Read More January 31, 2024
Accounting Softwares QuickBooks Online Product Comparison 2024 QuickBooks Online provides a range of four distinct versions tailored for businesses. Deciding between QuickBooks Online, QuickBooks for Self-Employed, or other… Read More January 25, 2024
BOI Reports FINCEN BOI Reporting Beginning on January 1, 2024, many companies in the United States will have to report information about their beneficial owners,… Read More January 24, 2024
1099 Forms When Are You Required to Issue a 1099 Form? A business payment does not automatically require a Form 1099 simply because it reaches a certain amount. Which then begs… Read More January 16, 2024
Forms Form 940 vs 941: What Each Form Reports, Who Files, and Due Dates Employers deal with two main federal payroll taxes each year. One is FUTA, which funds unemployment benefits. The other is… Read More January 10, 2024
Forms 1099 Rules for Employers in 2026: OBBBA Thresholds, Filing Requirements, and Deadlines Are you an employer or a business owner who works with independent contractors, vendors, freelancers, attorneys, or other recipients who… Read More January 8, 2024
Forms Tax1099 supports 1099-K, 1099-INT, 1099-NEC, 1099-MISC, and 40+ Other Fed/State Forms Tax time can be overwhelming, especially for professionals handling complex IRS forms and confusing state filing requirements. That’s where Tax1099… Read More January 8, 2024