Happy Thanksgiving from BoomTax! – ACA Reporting & More

From our family here at BoomTax to yours, we’d like to wish you a very happy Thanksgiving holiday! We are grateful for the support and confidence of each and every one of our customers this holiday season.

Thanks to the invaluable support of our customers, we have been able to extend our user-friendly services to include new features, such as 1099 Series Information Reporting, for the upcoming tax season. This is another step in our continued goal to provide the easiest tax filing software available. We’re looking forward to adding more features in the future, and we’re constantly working to improve our current processes.

As the current tax year is coming to a close, we advise our customers to begin preparing for filing in 2018 if they haven’t already. Take a look at our previous blog posts regarding end-of-year tax tips, deadlines for ACA and 1099 reporting, and check out our Quick Guide to help you prepare your filings.

We encourage you to login to your free BoomTax account and take a look around. We think you’ll like what you see.

Our office will be closed Thanksgiving Day and November 24, 2017. Normal operations will resume Monday, November 27, 2017. E-mail support will be available at [email protected]. A customer support representative will reach out to address any of your concerns as quickly as possible.

We hope you enjoy your Thanksgiving holiday! Thanks again for choosing BoomTax!

Prepare, Distribute, e-File: The BoomTax Quick Guide for Tax Year 2017

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 provide you with a brief overview of how to complete your ACA or 1099 filing with the IRS using BoomTax. Continue reading Prepare, Distribute, e-File: The BoomTax Quick Guide for Tax Year 2017

ACA Compliance Still Required for 2017 Tax Returns

The Affordable Care Act has really been put through the ringer this year. However, despite what’s been going on in Washington, D.C., the IRS has indicated that they will be pushing forward with enforcing ACA compliance for Tax Year 2017.

Throughout the year, they have been updating their ACA Information Center with the new tax year forms and instructions, and guidance on reporting. Their most recent page update included the new requirement for individual taxpayers to indicate their health care coverage status on their tax returns before acceptance. Continue reading ACA Compliance Still Required for 2017 Tax Returns