Latest news for an employer to stay on top of issuing W-2 to employees. Find how to guides, deadlines, spreadsheets, and everything in-between for your tax year.
IRS Penalties can happen for a number of reasons, including forgetting to file, not filing by the deadline, not furnishing forms, or not offering coverage for ACA filing. IRS Penalties for ACA Forms Both types of ACA filings, B-series and C-series, require that the filer submit a return to the IRS, any applicable states, and … Read more
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 can … Read more
At the end of each year, employers must begin to look at the upcoming Form W-2 Deadlines. Knowing when these deadlines fall is important for staying compliant and avoiding unnecessary penalties. Basic Information The end of each year, sometimes referred to as a tax year, employers must ensure that they meet all IRS tax requirements … Read more
Issuing accurate Forms W-2 on time is one of the most important year-end payroll tasks for employers. Errors or delays can trigger costly penalties and create headaches for both you and your employees. This guide explains how Form W-2 penalties work, what commonly causes them, and the practical steps you can take now to stay … Read more
The IRS has posted the 2026 W-2 draft and related instructions. These drafts are meant to solicit feedback and help employers prepare early. They also anticipate potential adjustments tied to broader tax legislation from the One Big Beautiful Bill Act (OBBA). Below, you’ll find an objective overview of what’s typical in W-2 drafts, how to … Read more
If you hire workers or get paid for services, understanding W-2 vs W-9 can save time, money, and potential penalties. These two IRS forms serve very different purposes, and choosing the right one starts with correctly identifying the working relationship: employee or independent contractor. At a glance W-2 vs W-9: What are they? What is … Read more
The Form W-3 serves as a summary form for all the W-2s in a single filing. It ensures that the SSA receives accurate totals for employee wages and taxes. In this guide, we will help you answer the question: “What is a W-3 Form?” What is a W3 Form? The W-3 form, Transmittal of Wage … Read more
This guide explains what the W3 form is, who must file it, and how to ensure compliance with current requirements. Whether you’re a small business owner or payroll professional, understanding this form is essential for avoiding penalties and ensuring accurate year-end reporting. The W3 form is a vital document in the process of reporting employee … Read more
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 can … Read more
The IRS authorizes businesses to furnish electronic copies of certain tax forms, instead of a paper copy. Electronic Form Delivery Benefits 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. Electronic Form Delivery Requirements The requirements for … Read more
Tax Year 2024 is coming to a close, which means that the filing season of 2025 is upon us! We’ve created this guide, so you don’t miss the 2025 deadlines. Basic Information When each tax year, or calendar year, comes to a close, employers must ensure that they meet all IRS tax requirements regarding filing. … Read more
Form 8809 is a tax form that allows taxpayers to request additional time for filing specific information returns such as 1099, W2, or ACA Forms. After submitting Form 8809, an automatic 30-day extension period is granted. Which form deadlines can I extend using Form 8809 Extension? Form 8809 can be used to extend the following … Read more
IRS Penalties can happen for a variety of reasons, including forgetting to file, not filing by the deadline, not furnishing forms, or not offering coverage for ACA filing. IRS Penalties for ACA Forms Both types of ACA filings (B-series and C-series) require that the filer submit a return to the IRS, any applicable states, and … Read more
The end of the 2024 tax year means that the 2025 filing season is just around the corner! This guide was created to help you avoid missing the 2025 Form W-2 Deadlines. Basic Information When each tax year, or calendar year, comes to a close employers must ensure that they meet all IRS tax requirements … Read more
During every tax year, the same question arises, “Is this person an employee or a contractor?” The Employee Vs Contractor classification is a critical part of filing and must be correct when it’s time to file and distribute forms to recipients. Incorrect forms can lead to the business being liable for employment taxes for that … Read more