New Features for Tax Year 2018 – Now with W-2 Reporting

BoomTax is excited to announce the release of our Tax Year 2018 product. We’ve been hard at work to develop new features that will provide you with the same simplicity you love for even more tax forms.   Continue reading New Features for Tax Year 2018 – Now with W-2 Reporting

Prepare, Distribute, File: The BoomTax Quick Guide for Tax Year 2018

Another tax year, another filing season! With BoomTax, you don’t have to spend endless hours laboring over getting your filings prepared and submitted to the IRS. We’ve designed our process to be as simple as possible to get your ACA, 1099, and W-2 filings timely transmitted to the IRS.

Whether you’re brand new to BoomTax or have been a long-time customer, we’re always happy and eager to help you with your tax filing needs. We’ve put together a brief overview of how to timely prepare, distribute, and file your tax forms using BoomTax. Continue reading Prepare, Distribute, File: The BoomTax Quick Guide for Tax Year 2018

IRS Eliminates Automatic Extensions for Forms 1099-MISC with NEC Reporting

In an attempt to decrease the number of fraudulent individual tax returns, the IRS has decided to do away with automatic extensions for Forms 1099-MISC with NEC Reporting in Box 7.

Extensions may still be requested using Form 8809, but they will not be automatically granted and must fall within certain allowances such as first-year filing or catastrophic events. Continue reading IRS Eliminates Automatic Extensions for Forms 1099-MISC with NEC Reporting