Employer Basics of Reporting

Get the basics of reporting as an employer from start to finish by following easy step by step guides for various forms including ACA, 1099, and W2.

Important Form 1099 Deadlines TY2018

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Form 1099 Deadlines TY2018

It is important to be aware the Form 1099 deadlines TY2018 in order to avoid incurring potential penalties and fines. IRS Deadlines for Form 1099 Series The Form 1099 deadlines TY2018 vary depending on form and type of filing, electronic or paper. It’s also important to note that the IRS eliminated the automatic extension for … Read more

File and Distribute Forms W-2 – TY 2018

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W2 File and Distribute

Several parties will require copies of your Forms W-2 reporting. The copies should be distributed as follows: Copy A → SSA Copy 1 → State, city, or local tax department Copy B → Employee Copy 2 → Employee Copy C → Employee Copy D → Employer (for record-keeping) When you e-file your Forms W-2 with BoomTax, you will also be able … Read more

Form W-2 Reporting Deadlines TY2018

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2023 Form W-2 Deadlines 2024 Form W-2 Deadlines 2025 Form W-2 Deadlines

SSA Deadline for Form W-2 Reporting The deadline for filing 2018 Forms W-2 with the Social Security Administration (SSA) by paper or electronically is January 31, 2019. If you are or think you will be unable to submit your Form W-2 reporting by the deadline, you should request an extension as soon as possible by submitting a … Read more

Preparing Form W-2: TY2018 Guide

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It is important that you know what information you need before you begin preparing Form W-2. We’ve identified the following 5 key topics that may help you to correctly and timely complete your W-2 filing by the deadlines with our Step-by-Step Guide. Determine Who Must Receive a Form W-2 The IRS instructs that a W-2 form … Read more

Preparing Form 1095-B: TY2018 Guide

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ACA Reporting, aca, efiling, aca reporting, affordable care act, boomtax, 1095B, 1094B, step-by-step guide, Tax Year 2017

It is important that you know what information you need before you begin preparing for ACA reporting. We’ve identified the following 4 key topics that may help you to correctly and timely complete your Form 1095-B with our Step-by-Step Guide. 1. Identify Responsible and Covered Individuals First, you’ll need to identify the responsible and covered individuals … Read more

How to Correct Form W-2 Using Form W-2c

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Form W-2 is used to provide wage information to employees, the SSA, the IRS, and state and local governments. Employees use these forms to file their individual tax returns. As such, it is important to provide the most accurate information when distributing these forms to their recipients. However, we’re only human, and sometimes we make … Read more

IMPORTANT – Deadlines are Coming! TY2017

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ACA Reporting, aca, efiling, efile, e-filing, e-file, affordable care act, boomtax, 1095C, 1094C, 1099, 1099 reporting, 1099-MISC, 1099-INT, 1099-DIV, Tax Year 2017, deadlines

If you’ve been keeping up with our blog, you might be starting to think we sound a bit like a broken record with how often we mention deadlines for the upcoming tax season. Listen, we’re only doing it because we care about you. We cannot stress enough how important it is to know and be … Read more

Quick Guide: Prepare, Distribute, File – TY 2017

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ACA Reporting, aca, efiling, efile, e-filing, e-file, affordable care act, boomtax, 1095C, 1094C, 1099, 1099 reporting, 1099-MISC, 1099-INT, 1099-DIV, Tax Year 2017, IRS quick guide

Whether you’re brand new to using BoomTax or you’re just looking to refresh your memory (doesn’t Tax Year 2016 seem so long ago?), we’ve assembled a quick guide to help you prepare for the upcoming tax season! Our filing process is designed to be as simple as possible without being boring. In this article, we’ll … Read more

Penalties for Tax Year 2017 ACA and 1099 Reporting

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ACA Reporting, aca, efiling, efile, e-filing, e-file, affordable care act, boomtax, 1095C, 1094C, 1099, 1099 reporting, 1099-MISC, 1099-INT, 1099-DIV, Tax Year 2017, IRS, penalties

No one likes having to pay additional fines or fees, especially when they are avoidable. This tax season, you can take active measures to avoid potential penalties by planning ahead, verifying information, and distributing forms in a timely manner. Penalties are charged for failure to timely file tax or information returns, or for filing incorrect … Read more

Tips for Tax Season 2018

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ACA Reporting, aca, efiling, efile, e-filing, e-file, affordable care act, boomtax, 1095C, 1094C, 1099, 1099 reporting, 1099-MISC, 1099-INT, 1099-DIV, Tax Year 2017, IRS, Tax Season 2018, Tax Season

January 2018 is fast approaching, which means that the tax season is almost here! Here at BoomTax, we are hard at work preparing to release our Tax Year 2017 product. You may have noticed a few changes to our homepage. If you haven’t already, create your free account today and keep an eye out for … Read more

Ultimate Combined Federal/State Filing Program List – TY 2018

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Combined Federal/State Filing Program - North America Lights map

When you use BoomTax to e-file your Form 1099 information returns, you will have the option to utilize the Combined Federal/State Filing Program for participating form types. The Combined Federal/State Filing Program (CF/SF) was established to simplify information returns filing for payers. Through CF/SF, the IRS electronically forwards certain information returns (original and corrected) to … Read more

Import Spreadsheet Format Guidelines for Tax Year 2015

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Tax Year 2015 Import Spreadsheet Guidelines

To help you quickly and easily import your employee data, we have created an Excel spreadsheet template that contains all of your 1095-C data in a standard format for tax year 2015. This will make filing your ACA data before the deadline even easier! This format closely mirrors the 1095-C forms so your benefits / … Read more

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