Blog - TaxBandits

Most Companies Build Software. We Built a Commitment — The Bandit Commitment

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Posted inin The Bandit Commitment

Most Companies Build Software. We Built a Commitment — The Bandit Commitment

In tax compliance, responsibility doesn’t begin at submission, and it certainly doesn’t end there. A filing may be transmitted in seconds, but its implications can surface months or even years...

Posted byCharles Hardy
December 26, 2025
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Posted inin How-To

How to Apply for an EIN Online: 6 Simple Steps for Small Businesses

Applying for an EIN is easier than you think. Learn how to complete the online EIN application in six simple steps and get your business ready for growth.

Posted byVianna Thomas
June 2, 2026
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Posted inin Tax Tips

What is the New Hire Report and Why Should Employers Care?

Learn what a New Hire Report is, why employers must file it, reporting deadlines, compliance requirements, and the risks of missing a filing.

Posted byCharles Hardy
June 1, 2026
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Posted inin Form 5498 Series

How TaxBandits Saves You Time on 5498 Forms Filing While Ensuring Accuracy

For anyone filing 5498 forms, the pressure is familiar—contribution data spread across multiple sources, strict IRS requirements, and little room for error. The 5498 series alone covers IRAs, HSAs, Coverdell...

Posted byCharles Hardy
May 29, 2026
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Posted inin Payroll

S Corp Owners: Are You Reporting 2% Shareholder Health Insurance Correctly on Form W-2?

Learn how S corporation owners must report 2% shareholder health insurance on Form W-2 to stay compliant with IRS rules. This guide explains W-2 box reporting, payroll tax treatment, common mistakes, and how to claim the self-employed health insurance deduction correctly.

Posted byCharles Hardy
May 29, 2026
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Posted inin State Withholding

Mastering State Withholding Tax Compliance: Essential Tips for Employers

Managing payroll taxes is one of those responsibilities that looks simple on the surface but quickly becomes complex in real-world operations. Among all payroll obligations, state withholding tax compliance is...

Posted byCharles Hardy
May 28, 2026
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Posted inin W-9

The Complete W-9 Workflow: From Request to 1099 Filing

Imagine, it’s the first week of January. Your finance team is preparing 1099s, and suddenly someone asks, “Did we ever get the W-9 from that contractor?” You scroll through old...

Posted byCharles Hardy
May 27, 2026
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Posted inin Tax Tips

5498 vs. 1099-R: Understanding the Key Differences for Your Retirement Reporting

Retirement accounts help people save for the future, but the tax forms connected to them can sometimes create confusion during filing season. Many taxpayers receive multiple retirement-related forms and assume...

Posted byCharles Hardy
May 25, 2026
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Posted inin Form 1099 Series

DeFi, NFTs, and Staking: What Form 1099-DA Does NOT Cover

Receiving Form 1099-DA may feel like your crypto tax reporting is covered, but that assumption can create a serious reporting gap. The form is mainly designed to report certain digital...

Posted byCharles Hardy
May 22, 2026
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Posted inin IRS Updates
W-9

The IRS Released a Latest Form W-9 (Draft) for 2026: What’s Changed?

Tax compliance is constantly evolving, and staying informed about IRS updates can help businesses avoid reporting issues and maintain compliance. The IRS just released an updated draft of Form W-9...

Posted byCharles Hardy
May 21, 2026
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