Avoid These Common Errors for Form 1099-INT and 1099-DIV

Hand Stop Sign - Common Errors for Form 1099-DIV and 1099-INT

Preparing Forms 1099-INT and 1099-DIV can be difficult, but we are here to simplify things! We have compiled this list to help ensure that you don’t make these common errors for Form 1099-INT and 1099-DIV. Background Information To reduce errors for Form 1099, it’s important to know what these forms types are and how they … Read more

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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Common Errors for Form 1099-MISC – TY2017

Common Errors for Form 1099-MISC

So, you:

Sounds like you are good and ready to complete and file your 1099-MISC forms.

However, before you press that print or e-file button, take a moment to review your information and forms for accuracy in order to avoid potential penalties or other problems.

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Common Errors for Form 1099-INT and 1099-DIV – TY 2017

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So, you:

  • Determined who must receive a Form 1099-INT and Form 1099-DIV;
  • Collected your payer information;
  • Collected your payee information;
  • And finalized and collected the amounts to be reported.

Sounds like you are good and ready to complete and file your 1099-INT and 1099-DIV forms.

However, before you press that print or e-file button, take a moment to review your information and forms for accuracy in order to avoid potential penalties or other problems. 

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TINCorrect: Employee and Vendor Verification

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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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