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What’s New in TaxBandits for the Q2 941 Filing Season?
Explore new TaxBandits features that make Q2 Form 941 filing faster, easier, and more efficient for businesses and tax professionals.
IRS Update: Eligible Taxpayers May Receive Automatic Penalty Relief
AEP (Automatic Exemption from Penalty) is the IRS's new automatic penalty relief program for taxpayers with a clean filing and payment history. Launching in summer 2026, AEP automatically waives specific penalties for compliant taxpayers without directly requesting relief.
One Big Beautiful Bill Act: 12 Key Tax Changes for 2026
The One Big Beautiful Bill Act (OBBBA) brings 12 major tax changes for 2026, including permanent tax rates, a bigger QBI deduction, no tax on tips and overtime, and higher SALT and estate tax caps, that business owners and tax professionals need to know before filing season.
Form 1099-NEC Instructions for 2026 Tax Year: A Complete Guide
2026 Form 1099-NEC 2026 updates include new $2,000 threshold, golden parachute reporting changes and more. Here's what filers need to know before the 2027 filing season.
Form 1099-MISC Instructions for 2026 Tax Year: A Complete Guide
Form 1099-MISC is getting a major overhaul for tax year 2026. The reporting threshold jumps from $600 to $2,000 for most payments, three new boxes cover tips and overtime, and golden parachute payments are moving. Here's what filers need to know before the 2027 filing season.
How Form 1099-DA Applies to Real Estate Transactions Involving Cryptocurrency
More buyers are closing on homes with Bitcoin, but few understand the tax implications. Learn all about crypto transactions and form 1099-DA.
Avoid Penalties With Best Practices for Zero Wage 941 Filing
No wages to report? Discover why you may still need to file Form 941 and the best practices for staying compliant.
TaxBandits at Taxposium Cleveland 2026: Connecting Through Compliance
From live demos to real conversations with CPAs and enrolled agents, Taxposium Cleveland 2026 reminded our team why we love the tax community. Here's a look back at the connections we made
What Is Form 5558? A Complete Guide to Employee Benefit Plan Extensions
Missing the deadline for your employee benefit plan return doesn't have to lead to penalties. Form 5558 gives employers and plan administrators extra time to file Form 5500, 5500-SF, or 5330. Here's everything you need to know about eligibility, deadlines, and how to file.
How to File Form 941 Electronically in 2026: A Complete Guide
Learn how to file Form 941 electronically in 2026. Know the filing steps, deadlines, payment options, common mistakes, and IRS e-filing requirements.