Tips for Tax Season 2018

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January 2018 is fast approaching!

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 our announcement coming soon!

In the meantime, here are a couple of tips to help you and your employees prepare for the upcoming tax season.

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TINCorrect: Employee and Vendor Verification

tincorrect, taxes, w2, 1099, irs, TIN, EIN, employee verification, vendor verification

In an effort to help employers accurately file their IRS information returns, we are proud to announce our latest product: TINCorrect.

What is TINCorrect?

TINCorrect allows you to verify SSNs (Social Security Numbers) or company EINs (Employer Identification Numbers) prior to submitting your tax forms to the IRS. Submitting tax forms with the wrong TIN information can result in additional IRS scrutiny on your filing in addition to having to correct your filing, re-file your forms, and re-issue corrected employee copies.

With TINCorrect, you can make sure your TINs are correct before you file.

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Tax Year 2015 Import Spreadsheet Guidelines

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 format closely mirrors the 1095-C forms so your benefits / payroll provider may be able to easily provide the information required to populate the 1095-C import spreadsheet.

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IRS AIR Test Scenario XML ISS-UI Sample Files

test scenario tax year 2015

*Note: This post references older test files. Newer XML files are located here:

https://blog.boomtax.com/2016-irs-air-test-scenario-xml-iss-ui/

As part of our commitment to give back to the community, we have decided to open source our IRS AIR Test Scenario XML sample files that can be used for the ISS-UI system.

What are these files?

These files are XML files that are required by the IRS before you can start submitting your data to their production system. Unfortunately, the IRS hasn’t released these to the public, so it’s extremely difficult to figure out how to change your output to match a format you can’t see. With these files, you will be able to diff the output of your system to verify that your XML file format is correct.

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