E-Delivery Checklist – IRS Tax Year 2023

E-Delivery Checklist - man working at desk

The IRS authorizes businesses to furnish electronic copies of certain tax forms, instead of a paper copy. There are many benefits to E-Delivery: However, electronic form delivery isn’t as simple as just sending forms via email; there are extensive rules and requirements for it. E-Delivery Requirements The requirements for electronic delivery of recipient forms can … Read more

Cutover Schedule for IRS AIR Production Released (TY2021)

cartoon aca cutover 2021

Today, the IRS announced the annual shutdown/cutover schedule for the AIR Production system used to prepare for the Tax Year 2021/Filing Season 2022. This shutdown will affect all transmissions, including corrections and replacements.

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UPDATE: Extension for ACA Recipient Copy Deadline | TY 2021

computer deadline

**Updated December 09, 2021** The IRS has recently extended the deadline for providers of minimum essential coverage (MEC) to furnish ACA tax forms 1095-C and 1095-B to eligible individuals by March 2, 2022 for the tax year of 2021. The proposed regulation is to offer an extension to all ALE’s (applicable large employer) to furnish … Read more

California MEC IR Requires Testing Each Year – TY 2021

California MEC IR Requires Testing Each Year

Yes, you read that right! California will require testing each year to transmit data through the Franchise Tax Board (FTB) File Exchange System if you need to participate in the Minimum Essential Coverage Information Reporting (MEC IR). California MEC – ACA Requirements If you are an employer of a CA resident, or if you provide … Read more

Import Spreadsheet Format Guidelines for Tax Year 2021

Import spreadsheet format guidelines A Step-by-Step Guide

We’ve created Excel import spreadsheet templates to help you easily upload all of your 1095-B and 1095-C, 1099, and W-2  data. These templates are identical to the official IRS forms so that you can enter the information just as you would on paper.  General Import Spreadsheet Guidelines For more in-depth or specific validation errors, you … Read more

Quick Guide: Prepare, Distribute, File – TY 2021

Quick Guide 2023 Filing Guide- Flat lay desktop with laptop, office supplies, coffee, and balled up paper.

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. Whether you’re brand new to BoomTax or have been a long-time customer, we’re always happy to help with your tax filing needs. With this in mind, we’ve put together … Read more

TY2021 Deadlines: Get Started Today

TY2021 DL

Deadlines vary depending on form and type, so we have compiled a list to make the TY2021 Deadlines as simple as possible. Keep these dates in mind as you prepare your forms for filing! TY2021 Deadlines As a best practice, we recommend getting started on your filings as early as possible. If you plan on … Read more