Step-by-Step guide on reporting your ACA, 1099, and W2 forms to the IRS as an employer. Find your specific use case by tax year specific articles on how to efile plus much more.
Before you begin to prepare your ACA reporting, it’s important that you know what information you need in preparing Form 1095-C. We’ve compiled the following 7 key topics in our Form 1095-C Guide that may help you to correctly and timely complete your filing. Form 1095-C Guide – Key Topics Our Form 1095-C guide identifies … Read more
Before you begin preparing Form 1099-DIV filing, it is important that you know what information you need. We’ve compiled the following 4 key topics in our Form 1099-DIV Guide that may help you to correctly and timely complete your filing. What’s new for Form 1099-DIV? The 1099-DIV and instructions have been updated recently from an … Read more
The end of the 2022 tax year means that the 2023 filing season is just around the corner! With our filing guide, you don’t have to spend endless hours laboring over getting your filings prepared and submitted to the IRS. Whether you’re brand new to filing or have been a doing this for a while, … Read more
It is important that you know what information you need before you begin preparing form 1095-B for ACA reporting. We’ve compiled the following 4 key topics in our Form 1095-B Guide that may help you to correctly and timely complete your filing. What’s new for Form 1095-B? There have been no recent developments at this … Read more
Before you begin preparing Form 1099-INT filing, it is important that you know what information you need. We’ve compiled the following 4 key topics in our Form 1099-INT Guide that may help you to correctly and timely complete your filing. What’s new for Form 1099-INT? The 1099-INT and instructions have been updated recently from an … Read more
Before you begin preparing your Form 1099-MISC reporting, it is important that you know what information you need to gather. We’ve compiled the following 4 key topics in our Form 1099-MISC Guide that may help you to correctly and timely complete your filing. What’s new for Form 1099-MISC? The 1099-MISC and instructions have been updated … Read more
It is important that you know what information you need before you begin preparing Form W-2. We’ve compiled the following 4 key topics in our Form W-2 Guide that may help you to correctly and timely complete your filing. What’s new for Form W-2? Maximum penalties have increased for tax year 2022. For those affected … Read more
When preparing Form 1099-NEC filings, it is important that you know what information you need to gather. We’ve compiled the following 4 key topics in our Form 1099-NEC Guide that may help you to correctly and timely complete your filing. What’s new for Form 1099-NEC? (Jan. 2022 Rev.) The 1099-NEC and instructions have been updated … Read more
Once you are ready to begin your tax filing, you must gather the required information to prepare Form 1099-NEC. This includes information for the business, or payer, and recipient, or payee, as well as the amounts paid to the recipient. Form 1099-NEC is used to report nonemployee compensation amounts to the IRS. A nonemployee is … Read more
Once you are ready to begin your tax filing, you must gather the required information to prepare Form 1099-MISC. This includes information for the business, or payer, and recipient, or payee, as well as the amounts paid to the recipient. Form 1099-MISC, Miscellaneous Information, is used to report various types of miscellaneous income, such as … Read more
Before you prepare Form 1099-DIV, you will need tax information for the payer and payee, as well as the amounts paid to the payee. What information is needed to prepare form 1099-DIV? Payer Information You will need to include the following information on each form you prepare. Payee Information You will need to include the … Read more
Once you are ready to begin your tax filing, you must gather the required information to prepare form 1099-INT. Form 1099-INT is used to report interest income paid to a person through savings accounts, US Savings bonds, and interest-bearing checking accounts, or in the course of trade or business. With a relativity low interest income … Read more
Perhaps one of the easiest steps of the ACA preparation process is ensuring accessibility for your employees to contact you or an agent in the event that they have questions regarding their Form 1095-C. Make sure to provide employees with a working call number or other contact option that is reachable during business hours. The … Read more
All providers of health coverage, including employers that provide self-insured plans, must file their annual returns with the IRS to report information about the coverage and each covered individual. Self-Insured Plans: Required Information For self-insured plans, the following information must be reported to the IRS: Self-insured coverage is defined as coverage where the employer assumes … Read more
Several parties will require copies of Form 1099. This is how printed copies should be distributed: Copy A → IRS Copy 1 → State Tax Department Copy B → Recipient Copy 2 → Recipient to File w/ State Income Tax Return Copy C → Payer Copy (for your records) When you e-file your 1099 forms with … Read more